Indiantelevision.com's > Digital Edge>TIL acquires minority stake in e-commerce logistics firm
Indiantelevision.com's
Digital Edge
TIL
acquires minority stake in e-commerce logistics firm
Indiantelevision.com
Team
(18
June 2012 12:07 pm)
MUMBAI:
Times Internet Ltd (TIL) has purchased a minority stake in
logistics company Delhivery, a move that will help strengthen
the last mile delivery system of its e-commerce portal Indiatimes
Shopping.
Delhivery
manages the entire E-Commerce supply chain - from procurement
to warehousing to packaging to last mile delivery system -
for its e-commerce partners.
The
company with over 12,000 sq ft of warehouse space under management
also offers third-party warehousing and transit warehousing
services to e-commerce partners and co-ordinate across the
supply chain.
Indiatimes
Shopping currently works with Fedex, Bluedart, ASL and Aramex
as its logistics partners.
