Monday, 06 July 2026India Venture Review · Vol. I · 2026Live · ₹4,200 Cr tracked this quarter
Logistics · Gurugram
Delhivery
Integrated logistics platform
Stage
Growth
Total funding
$1.50B
₹12.45K Cr
Founded
2011
HQ
Gurugram
The biography of a startup, told through capital
Funding Journey
From founding to today
10 rounds · $1.50B raised over 14.1 yrs
Founded 2011
Latest · 29 Jan 2026
First institutional cheque
$1M
Seed
Jan 2012
Start
Product-market fit
$3M
Series A
Jun 2013
$6M
Series B
Nov 2015
$13M
Series C
May 2016
$29M
Series D
Oct 2018
$64M
Series E
Apr 2020
$141M
Series F
Sept 2021
$310M
Series G
Mar 2023
Expansion funding
$682M
Series H
Aug 2024
Unicorn milestone
$250M
Growth
Jan 2026
Today
Capital growth
How Delhivery scaled, in capital raised
Cumulative · USD
Funding Intelligence
Largest round
$682M
Series H · 2024
Most active lead
Lightspeed India
3 rounds led
Capital growth
$1M → $1.50B
Cumulative raised
First → latest
14.1 yrs
2012 → 2026
Avg. between rounds
19 mo
Pace of fundraising
Total rounds
10
Seed to today
Every cheque, on record
All Funding Rounds
Showing 8 of 10 roundsTotal raised · $1.50B
- 03 Aug 2024Series H$682M₹5.66K Cr
- 23 Mar 2023Series G$310M₹2.57K Cr
- 16 Sept 2021Series F$141M₹1.17K Cr
- 09 Apr 2020Series E$64M₹531 Cr
- 02 Oct 2018Series D$29M₹241 Cr
- 22 May 2016Series C$13M₹108 Cr
- 15 Nov 2015Series B$6M₹50 Cr
Why it matters
Startup Intelligence
- What they do
- Delhivery is a Logistics company headquartered in Gurugram, focused on integrated logistics platform.
- Problem solved
- Tackling structural inefficiency in India's logistics value chain.
- Why investors care
- Strong Growth traction, India-first distribution, and capital efficiency.
- What to watch next
- Expansion of ARR, geographic reach beyond Gurugram, and upcoming round signals.
In the press
News & Articles
- The Economic Times12 Jun 2026Delhivery eyes 2x ARR growth as it doubles down on logistics expansion
Founders outline the next 18-month roadmap and hiring plans across Gurugram and beyond.
- Inc4204 May 2026Inside Delhivery's playbook: how it built a defensible moat in Indian logistics
A deep-dive into product strategy, GTM motion, and how investors evaluate the next milestone.
- YourStory21 Mar 2026Delhivery hires senior leadership ahead of the next funding round
New CXO appointments signal scale-up ambitions and operational maturity.
- Moneycontrol08 Feb 2026Analyst view: why Delhivery is one to watch in Logistics
Sector benchmarks, comparable multiples, and what could drive the next valuation step-up.