Other Private Equity/Strategic Investments
Logistics co Delhivery to invest in growth enabler for brands Vinculum
Listed logistics services provider Delhivery Ltd is to make a strategic investment in Noida-headquartered e-commerce-focused SaaS platform, Vinculum. This investment is the first part of a potential two-stage deal that provides Delhivery the option to further increase its shareholding in the company after six months. Vinculum enables brands to tap into the opportunity presented by e-commerce and omni channel. It claims to have scaled up into a SaaS omni channel software company working with over 400 brands across segments such as grocery and FMCG, healthcare, beauty, cosmetics, fashion, and jewellery in India, South East Asia and the Middle East markets.
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