Anindya Ghose Quits As Independent Director Of Delhivery

Logistics unicorn Delhivery’s Anindya Ghose has resigned as the non executive independent director of the company, citing various personal commitments as the reason. 

Ghose has resigned as the “non-executive independent director of Delhivery Limited” after serving for one and a half year, Delhivery said in a filing. 

Besides, he will no longer serve as a member of the risk management committee of the board of directors of the company.

“I hereby tender my resignation from the position of independent director of the company with effect from December 2, 2024. Consequently, I will also be stepping down as a member of the risk management committee of the company,” Ghose said in his resignation letter.

Ghose, who is also a professor at NYU Stern School of Business, joined the listed logistics company in July 2023. 

He cited personal work commitments such as book tours and his role as MSBAI Program Director at NYU Stern as the reasons that contributed to his decision. 

“I deeply regret that I am unable to complete my term at Delhivery. I remain committed to supporting the company in any way I can during this transition,” he added. 

Delhivery posted a net profit of INR 54.3 Cr in the first quarter (Q1) of FY25 on the back of robust growth in its truckload and supply chain services segments.

It is pertinent to mention that after turning profitable in the third quarter of FY24, Delhivery posted a net loss of INR 69 Cr in Q4 FY24.

The startup posted a net loss of INR 89.4 Cr in the June quarter of FY24.

Besides dark stores, Delhivery founder and CEO Sahil Barua said that the logistics unicorn will also provide ecommerce companies with delivery services that will shorten the delivery cycle to 2-4 hours.

Earlier this year, it was reported that the startup was looking to branch 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.

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