FedEx invests $100 mn in India’s leading logistics firm Delhivery

The arrangement will help FedEx expand its business, and improve the logistics of international shipments to and from India

FedEx invests $100 mn in India’s leading logistics firm Delhivery

FedEx Express and Delhivery entered into a commercial arrangement on July 16. FedEx will make a $100 mn equity investment in Delhivery, India’s leading logistics and supply chain company, as part of the arrangement

The companies have made a long-term mutually benefitting deal according to which, FedEx will improve international logistics to and from India while Delhivery will use its extensive pan India reach to sell FedEx products and services to the Indian population.