“We are the most hyperlocal delivery business in the country with over 7,000 distribution points across 2,500 cities.”
SAHIL BARUA, CEO AND CO-FOUNDER, DELHIVERY
DELHIVERY, A LOGISTICS STARTUP UNICORN BACKED BY SOFTBANK
Pre-covid-19: Into institutional deliveries; biggest e-commerce logistics player
Now: Adds hyperlocal delivery
SCALE OF OPERATIONS
Revenue: ₹1,642 crore in FY19; ₹2,760 crore in FY20 (unaudited numbers)
Tonnage delivered: 280K+ in FY19; 1,300K+ in FY20
Headcount: 23,500+ in FY19; 30,000+ in FY20
March 3, onboard the Tejas Express
The train from Ahmedabad to Mumbai was cruising at a top speed of 130 km per hour. The passengers had finished dinner and were about to doze off, except for Sahil Barua. Food and sleep were last on the mind of the co-founder of India’s biggest e-commerce logistics player. Rattling him, even at 10 pm, was a simple question: Should Delhivery shut down its corporate offices on March 4?
Covid-19 cases was wreaking havoc in China, where Delhivery had one of its overseas offices. But in India, with cases still in low double digits, the situation was not alarming. Barua, though, didn’t want to take a chance. From the train, he went on a conference call with 20 people from his core team. The call ended at midnight. Delhivery decided to close all its corporate offices.
Denne historien er fra July 3,2020-utgaven av Forbes India.
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Denne historien er fra July 3,2020-utgaven av Forbes India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet
