InvestorQ : Why has FedEx bought a stake in start-up outfit, Delhivery?
Angel dcosta made post

Why has FedEx bought a stake in start-up outfit, Delhivery?

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Juvina Maggie answered.
4 months ago
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FedEx, one of the world’s largest logistics company, will make an equity investment of $100 million or Rs.750 crore in Delhivery, which is a start-up logistics and supply chain services company in India. Delhivery will act as the India marketing arm of FedEx, which will also give Delhivery a huge captive market. Fulfilment is what this game is all about. Delhivery can leverage the global network of FedEx and their global technology and best practices.

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