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.