Mumbai: Delhivery Ltd, India’s largest fully-integrated logistics services provider, will invest strategically in Vinculum, a global software leader enabling omnichannel retailing for D2C enterprises, brands, brand distributors, and quick commerce companies. The investment is the first part of a potential two-stage deal that provides Delhivery with the option further to increase its shareholding in the company after six months.
Vinculum is one of the early software companies from India, enabling brands to tap into the opportunity presented by eCommerce and Omni channel. With the post covid industry and consumer shift, the company has scaled up into a leading SaaS Omni channel software company working with over 400 brands across Grocery & FMCG, Healthcare, Beauty, Cosmetics, Fashion, and Jewelry in India, South East Asia, and the Middle East markets.
Direct-to-consumer enterprises are a focus market for Delhivery, and the investment is expected to strengthen its position as a leading fulfilment solutions provider. Through this investment, the two companies will build a complete integrated stack to address the entire range of post-purchase needs of a D2C brand. A deeper integration with Vinculum’s industry-leading Order Management System (OMS) will be a first-of-its-kind fully-integrated E2E offering.
Delhivery head of supply chain solutions Rajaganesh S said, “We congratulate the leadership team of Vinculum on building a truly world-class product that enables omnichannel retailing for brands, and retailers while also powering fulfilment capabilities of 3PLs and online marketplaces. A strategic partnership with Vinculum strengthens Delhivery’s fulfilment solution to brands”.
Vinculum Group founder and chief executive officer Venkat Nott added, “We are delighted with the investment to be made by Delhivery in Vinculum. This lays the foundation for deep tech integration between companies, tremendous collaboration opportunities, and immense business value for our customers”.
The investment is subject to the satisfactory completion of closing conditions.
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