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Indian e-commerce logistics startup Delhivery raises 85 mln dollar funding

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ANI Washington
Last Updated : May 07 2015 | 2:42 PM IST

Indian e-commerce logistics startup Delhivery has raised 85 million dollars funding in a series D round led by Tiger Global Management and returning investors Multiples Alternate Asset Management, Nexus Venture Partners, and Times Internet Limited.

According to TechCrunch, less than eight months ago, the company raised 35 million dollars in series C.

Delhivery currently has 10,000 employees in more than 200 cities.

Delhivery's 11 fulfillment centers cover more than one million square feet of warehouse space, which it plans to increase to 2.5 million square feet by the end of this year.

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First Published: May 07 2015 | 2:33 PM IST

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