Bengaluru-based Spoton Logistics Acquired By Delhivery. Delhivery has reported that it has obtained Bengaluru-based Spoton Logistics for an undisclosed sum to reinforce Delhivery’s current B2B abilities. Spoton Logistics began its excursion in 2012 when a private value firm ‘India Equity Partners’ purchased the homegrown business from TNT India. In 2018, Samara Capital and Xponentia procured Spoton from IEP, and presently with Delhivery’s obtaining, Samara and Xponentia are clearing out for cash.
Sahil Barua, Delhivery CEO, said, “This improvement is predictable with our goal of being development arranged and assembling scale in every one of our business lines. More than 10 years Delhivery has set up a main situation in B2C coordinations and presently by joining our part load business with Spoton’s we will be on the way to a similar situation in B2B express too. All the more critically, we are all around put to give advantages of collaborations between our B2C and B2B express organizations to the clients of both Delhivery and Spoton, and further improve our start to finish inventory network capacities‘
Abhik Mitra, Managing Director, Spoton Logistics, said, “We will continue to invest in improving our clients’ businesses through our investments in people, technology, network and infrastructure. Our teams and our business partners will have an opportunity to be part of a much larger organisation with significant opportunities for growth”.