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IPO-bound Delhivery to acquire Bengaluru-based Spoton Logistics

Shortpedia

Content Team
Image Credit: indiaretailing

IPO-bound logistics tech startup Delhivery is reportedly in talks to acquire Bengaluru-based Spoton Logistics. The logistics unicorn is among a flock of Indian startups such as Nykaa, Policybazaar, CarTrade, MobiKwik among others to emulate Zomato’s IPO success. Delhivery is expected to complete the acquisition in the next 2-3 weeks.