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Delhivery Enters Hyperlocal Logistics With Delhivery Direct
- Delhivery has entered the hyperlocal logistics market with a new app called Delhivery Direct, offering on-demand transportation and delivery services for businesses and individuals.
- Delhivery Direct provides quick pickups within 15 minutes of booking using two-wheelers for parcels and larger vehicles for bigger consignments.
- The app is available on Google Play and Apple App stores, allowing customers to book intracity orders on-demand and ship intercity shipments across India.
- Delhivery MD and CEO announced the pilot phase in Ahmedabad and plans to launch in Delhi, Bengaluru, and Mumbai soon.
- The company has fully launched Delhivery Direct in NCR and Bengaluru, with plans to expand to other key metros, offering fast, affordable, and reliable logistics solutions.
- Delhivery reported growth in its partial truck load (PTL) service in Q4 FY25 alongside the launch of Delhivery Direct.
- The company closed FY25 with profits in all quarters, reporting net profit of INR 72.6 Cr in Q4 FY25.
- Delhivery's entry into hyperlocal logistics coincides with a surge of interest from other players like Uber and Shiprocket in the space.
- Uber recently expanded its courier service in India with Courier XL for large goods delivery, while Shiprocket introduced 'Quick' for same-day shipping for SMEs.
- Delhivery's move follows its acquisition of Ecom Express, which was approved by CCI for about INR 1,407 Cr.
- Shares of Delhivery were trading at INR 357.45, up 0.72% at the time of publishing.
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