Delhivery Investment E-Commerce SaaS Startup Vinculum
INVESTMENT STARTUP 

Delhivery Investment: E-Commerce SaaS Startup Vinculum

Administrator

Delhivery Investment: A logistics company based in Gurugram, Delhivery will invest strategically in Vinculum, a multinational software provider that enables omnichannel retailing for D2C (direct-to-consumer) businesses, brands, brand distributors, and fast commerce firms.

Rajaganesh S, Head of Supply Chain Solutions at Delhivery, stated in a statement that the strategic alliance with Vinculum increases Delhivery’s fulfilment service to brands.

The logistics company’s focus market is D2C businesses, and this investment will strengthen its position as the industry’s top supplier of fulfilment services.

With the help of this investment, the two businesses will be able to develop a thorough, integrated solution that will satisfy all of a D2C brand’s post-purchase needs. It will be closely integrated with Vinculum’s Order Management System (OMS), a leading system in the sector, to offer a unique fully-integrated end-to-end solution.

It is the first stage of a prospective two-stage agreement that might give Delhivery the option to raise its ownership in the company after six months. The investment is contingent on the closing conditions being satisfied, though.

Venkat Nott, founder and CEO of Vinculum Group, stated that this investment “lays the foundation for deep technological integration between both companies, tremendous opportunities for collaboration, and immense business value for our customers.”

Vinculum, a pioneering software business with headquarters in India, assists brands in maximising omnichannel and e-commerce prospects. It has become a well-known SaaS Omni Channel software provider. With over 400 brands in fields as varied as groceries and FMCG, healthcare, beauty, cosmetics, fashion, and jewellery, its operations now extend across markets in India, South East Asia, and the Middle East.

Delhivery announced on Friday that its combined net loss increased to Rs 159 crore in the fourth quarter of FY23. In the same period last year, there was a net loss of Rs 120 crore. Revenue for the company fell by approximately 10% to Rs 1,860 crore for the March quarter from Rs 2,072 year over year. However, the company’s adjusted EBITDA went positive for the first time since listing, rising to Rs 6 crore in Q4 FY23 from a loss of Rs 67 crore in Q3 FY23.