Delhivery Acquires Spoton; Samara Capital And Xponentia Get Exit

Delhivery Acquires Spoton; Samara Capital And Xponentia Get Exit

SUMMARY

Delhivery plans to further strengthen its existing B2B capabilities with the acquisition of Spoton

Samara Capital and Xponentia, which had together acquired Spoton from IEP in 2018, have made a full exit for cash

The acquisition comes just a month after Delhivery raised $100 Mn from FedEx

Logistics tech startup Delhivery has confirmed the acquisition of Bangalore-based Spoton Logistics. 

The company refused to comment on the exact financials behind the acquisition, but according to a report by Inc42 earlier this month, Delhivery has acquired Spoton for $200 Mn.   

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