Will Delhivery’s Spoton acquisition alter the pecking order of India’s express logistics industry?
Synopsis
With Spoton’s acquisition, Delhivery has reinforced its business, which industry observers believe has the potential to catapult it among India’s top three B2B express logistics businesses. In fact, with Spoton’s B2B excellence, Delhivery looks like the largest B2B+B2C player if we go by combined revenue. The alliance looks good on paper but will it work out? Here’s an analysis.
“This is some acquisition,” was the prominent chatter among industry observers and on social media platforms when Delhivery announced its acquisition of Spoton Logistics. In fact, compared to its previous low profile acquisitions, this one is surely a significant scoop for Delhivery. Picture this, earlier in March this year, Delhivery acquired software-as-a-service startup Primaseller which helps small businesses manage their inventory and
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