Akshata Sharma
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Logistics startups Delhivery and Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.) are branching out beyond serving ecommerce orders to meet the soaring demand in the quick commerce space as players like Blinkit, Zepto, Swiggy and Instamart are driving the shift
Gurugram-based Delhivery has initiated to manage Swiggy Instamart's larger warehouses that supply to small dark stores or fulfilment centres, in city pockets.
The report further said that Xpressbees is also in talks with multiple players to enter the quick commerce segment.
Inc42 has reached out to both Delhivery and Xpressbees founders for comments on the development. The story will be updated based on the responses.
Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati, Delhivery is a transportation, supply chain and logistics company. It competes with the likes of Xpressbees and Blue Dart, alongside Flipkart's Ekart Logistics and Amazon's Amazon Shipping.
Meanwhile, Xpressbees, founded in 2015 after being spun off from ecommerce giant FirstCry, delivers goods to over 20,000 pin codes in the country. The startup entered the coveted unicorn club in January 2022 after raising $300 Mn from Blackstone Growth, TPG Growth, among others.
It offers supply chain solutions, including B2B, B2C express delivery service, cross- border logistics, and warehousing services, to ecommerce players. It earns a majority of its revenue from logistics services.
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