M&A Deal Summary

Delhivery Logistics Acquires Spoton

On August 2, 2021, Delhivery Logistics acquired transportation company Spoton for 200M USD

Acquisition Highlights
  • This is Delhivery Logistics’ 1st transaction in the Transportation sector.
  • This is Delhivery Logistics’ largest (disclosed) transaction.
  • This is Delhivery Logistics’ 1st transaction in India.

M&A Deal Summary
Date 2021-08-02
Target Spoton
Sector Transportation
Buyer(s) Delhivery Logistics
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

Spoton

Bangalore, India
Spoton operates a pan India network covering 300+ locations and over 22,000+ pin codes. Spoton offers best-in-class logistics services to an array of sectors viz. Hi-Tech, Automotive, Engineering, Pharmaceutical, Electronics & Electricals, and Lifestyle & Retail. Spoton was founded in 2012 and is based in Bangalore, India.

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Buyer(S) 1

Buyer

Delhivery Logistics

Gurgaon, India
Category Company
Founded 2011
Sector Transportation
Employees23,381
Revenue 72.3B INR (2023)
DESCRIPTION

Delhivery Logistics is a supply chain services company focused on digital commerce. Delhivery provides express logistics services in over 600 cities in India and in more than 8,500 pin-codes and operates 12 fulfillment centers for B2C and B2B fulfillment services. Delhivery Logistics was founded in 2011 and is based in Gurgaon, India.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (India) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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Company

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