Courier Services
6 recent notes from companies in this sector. 3 companies tracked.
Shadowfax's biggest backers just dumped 13.8% of the company in one day
Eight Roads and Flipkart sold nearly all their shares on July 24, cutting combined holdings from ~17% to ~3%. The exits signal a clear post-lock-in wind-down, not a bet on bad business.
Delhivery subsidiary secures RBI licence to lend as NBFC
The Type II NBFC registration for Delhivery Financial Services follows a November 2025 application. But the licence comes with pending document conditions and no immediate revenue impact for the parent.
Delhivery taps Bajaj Auto for 1,500 electric three-wheelers
First phase of 200 Bajaj RIKI eCarts begins now; bulk of 1,500 planned for 2026-27 across Tier-2/3 cities in a push to cut last-mile costs and emissions.
Delhivery turns its logistics data into a mapping product
Two billion shipments and 100,000 vehicles now power an AI-native mapping API suite sold externally. The strategic pivot cuts reliance on third parties, but the launch lacks revenue or savings guidance.
Delhivery turns cash-flow positive a year early after crossing ₹10k cr revenue
FY26 was a milestone year for the logistics firm. It crossed ₹10,000 crore in revenue, turned free cash flow positive ahead of schedule, and plans to spend ₹130-160 crore on new lines.
VL E-Governance quarterly revenue collapses 76% to ₹1.19 crore
The nano-cap IT firm's Q4 revenue fell to a third of its year-ago level. Full-year sales dropped 44% to ₹17.15 crore, with losses persisting.