Delhivery Boosts Its Supply Chain And Logistics Verticals With Two Appointments

Logistics unicorn Delhivery has bolstered its supply chain and logistics segments with two key appointments.

The company has roped in Navneet Kumar as the head of supply chain services division and Yubi Surajit Das to lead its logistics platform OS1.

Both Kumar and Das have experience in leadership roles spanning across enterprise sales, supply chain management and technology, Delhivery said in a statement. 

“Das and Kumar bring decades of experience and leadership across sectors that will bring fresh dynamism and perspective to our team. We look forward to working closely with them and shaping the future of the company,” cofounder of Delhivery, Suraj Saharan said.

Prior to joining Delhivery, Kumar was US Subsidiary Coverage APAC head at Deutsche Bank. The IIM-alumnus has more than 17 years of experience in enterprise sales across international markets. 

Formerly, Das was serving as chief business officer for supply chain finance at Yubi since 2021. He was also the co-founder and CEO of Bengaluru-based mobility startup Routematic for eight years before joining Yubi, as per his LinkedIn profile. 

Das on joining the company said, “I am excited to join at this pivotal time in the company’s growth journey. As global and domestic carriers and enterprises digitize their operations and supply chains, Delhivery’s OS1 platform, based on 13 years of stellar operating capabilities in a complex market, has the potential to become a foundational layer of the relatively new, undisrupted logistics technology market.”

The development comes a few weeks after Delhivery’s Anindya Ghose resigned as the non-executive independent director of the company, citing various personal commitments as the reason. 

On the financial front, Delhivery posted a consolidated net profit of INR 10.2 Cr in the second quarter of current fiscal (Q2 FY25) as against a loss of INR 102.9 Cr in the year-ago quarter.

It was the second consecutive profitable quarter for the company, which posted a profit of INR 54.3 Cr in the preceding June quarter. 

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