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Tag: Delhivery

  • VIP gets a Multiples makeover as Piramal family packs up stake

    VIP gets a Multiples makeover as Piramal family packs up stake

    MUMBAI: After decades at the top of the luggage chain, VIP Industries is zipping into a new era. In a strategic shake-up that marks the end of an era and the start of a fresh chapter, the Piramal family has signed a definitive agreement to offload up to 32 per cent of its stake in VIP Industries to a consortium led by Multiples Private Equity. The deal will see control of Asia’s largest luggage maker shift to the new investors, triggering a mandatory open offer worth a whopping Rs 1,437.78 crore for an additional 26 per cent stake at Rs 388 per share.

    While the sale hands over the reins, it’s not a full goodbye, the Piramal family will remain shareholders, with Dilip Piramal stepping into the role of chairman emeritus. “This is a pivotal moment for VIP. With Multiples stepping in, we’re setting the wheels in motion to reclaim our leadership in the Indian luggage market,” said Piramal.

    Multiples, known for backing big-name disruptors like Delhivery, Licious, and Dream Sports, now adds another heavyweight to its portfolio. “We see enormous potential in VIP’s legacy and brand value,” said Multiples founder and CEO Renuka Ramnath. “This is not just a transaction, it’s a transformation play.”

    As per the open offer filing, Multiples and co-investors including Samvibhag Securities, Mithun and Siddhartha Sacheti, will collectively acquire up to 4.54 crore shares, translating to a 31.89 per cent stake. If fully subscribed, the open offer alone could cost them over Rs 1,437 crore in cash.

    The deal values VIP Industries at more than Rs 5,500 crore and includes a shareholder agreement that allows Multiples to take over management control. It is subject to approval from the Competition Commission of India and will be executed in line with SEBI’s takeover code. Legal advisors on the deal include AZB & Partners for the Piramal family, and Khaitan & Co for Multiples.

    Founded in 1971, VIP Industries has sold over 100 million pieces of luggage and commands a presence in 45 countries. Its brands VIP, Skybags, Carlton, Aristocrat, and Caprese are household names. But the past few years haven’t been baggage-free, with stiff competition and changing travel habits weighing down growth.

    This strategic sale could help VIP travel light again. With Multiples now in the driving seat and a fresh burst of private equity fuel, the legacy brand is gearing up for its next long-haul flight.

  • Shashank Rathod joins Delhivery as media and communications lead after Amazon innings

    Shashank Rathod joins Delhivery as media and communications lead after Amazon innings

    MUMBAI: From packing prime narratives to shipping new stories—Shashank Rathod has stepped into the role of director, media & communications at Delhivery. Rathod took on the mandate in May 2025, bringing over a decade of public relations and corporate communications experience to the logistics major’s fast-paced communications playbook.

    Prior to this, Rathod spent nearly six years at Amazon, most recently as corporate communications manager. Based in Bengaluru, he managed media strategy and brand communications across key verticals during a transformative phase for the e-commerce titan.

    Rathod’s CV also includes stints at Oneplus, Weber Shandwick, and 20:20 MSL, where he led campaigns for marquee clients like Dell, Alibaba, Xiaomi, IBM, and PTC. He began his communications journey at Archetype, handling accounts like Sap Labs and Cisco.

    Speaking on the transition, Rathod said, “I’m happy to share that I’m starting a new position as director, media & communications at Delhivery!”

    With Rathod now helming media and communications, Delhivery is expected to focus on a sharper external messaging approach—one that balances enterprise growth with strategic storytelling.

  • Saugata Gupta stays at the crease as Marico extends CEO term to 2028

    Saugata Gupta stays at the crease as Marico extends CEO term to 2028

     MUMBAI: Still calling the shots, and how. Saugata Gupta is set for another two-year season at the helm of Marico Limited, with the FMCG major’s board approving his reappointment as managing director and CEO till March 2028.

    Having joined the company back in 2004 as head of marketing, Gupta’s rise has been nothing short of a masterclass in brand leadership. From captaining the India business in 2007 to taking the reins as CEO in 2013 and MD in 2014, he’s led the Parachute-to-Set Wet empire through market winds with a steady hand and sharp instincts.

    The boardroom decision, made on 2 May 2025, and filed with the stock exchanges the same day, means Gupta will notch up nearly 14 years as MD & CEO by the end of this renewed term, an impressive feat in an industry known for its churn.

    Outside of Marico, Gupta also wears several advisory hats, serving as an independent director on the boards of Delhivery, Ashok Leyland, and formerly JSW Paints. His career before Marico included stints with ICICI Prudential and Mondelēz, lending him a marketing pedigree as rich as the brands he’s built.

    With this extension, Marico’s leadership continuity seems sealed and set, as Gupta continues to script the brand’s next chapter in a fast-evolving consumer landscape.

  • Truecaller dials up policy muscle, taps Aruna Sundararajan for board role

    Truecaller dials up policy muscle, taps Aruna Sundararajan for board role

    MUMBAI: Truecaller is adding some serious regulatory firepower to its boardroom. The Stockholm-based caller ID giant has nominated Aruna Sundararajan—former telecom policy chief and digital transformation architect—for a seat on its board, ahead of the company’s annual general meeting (AGM) scheduled for 23 May.

    The nomination comes as part of a broader recommendation from the Truecaller AB nomination committee, which also proposed the re-election of all existing board members—Nami Zarringhalam, Alan Mamedi, Annika Poutiainen, Helena Svancar, and Shailesh Lakhani.

    Sundararajan is no stranger to tech and governance. The former secretary at India’s ministry of electronics and IT and department of telecommunications has steered some of the country’s most ambitious digital infrastructure and policy initiatives. She now chairs the Broadband India Forum and sits on the boards of Delhivery, Info Edge, L&T Technology Services, and India’s National Bank for Infra Financing and Development (NaBFID).

    “We are very pleased with the nomination of Aruna Sundararajan as a new board member of Truecaller. She possesses extensive experience in policy and regulatory matters within technology and has board experience from several listed companies in India. Her appointment as a new board member is expected to significantly enhance the board’s collective expertise and competence in these areas. With this addition the Board will consist of six board members with well diversified competences and experiences,” said Truecaller’s nomination committee chair Kamjar Hajabdolahi. “Her addition will level up the board’s strategic depth at a time when digital trust and global expansion are front and centre.”

    The committee, comprising reps from top shareholders and co-founder Alan Mamedi, will publish its full slate of proposals and justifications alongside the AGM notice.

    Founded in 2009 and listed on Nasdaq Stockholm since 2021, Truecaller has become a default defence against spam and scam calls globally. With over 450 million active users, the app blocked nearly 56 billion unwanted calls in 2024—making it one of the world’s most widely used caller ID platforms.

    With Sundararajan’s potential onboarding, Truecaller is ringing in not just experience—but influence that matters.

  • Delhivery partners with Truecaller to boost logistics communication efficiency

    Delhivery partners with Truecaller to boost logistics communication efficiency

    Mumbai: Delhivery, India’s largest fully integrated logistics company, partners with Truecaller, the global platform for verifying contacts and blocking unwanted communication. This collaboration enhances communication efficiency for Delhivery’s customers using Truecaller’s Customer Experience Solution.

    Delhivery strengthens customer safety with Truecaller’s advanced call solution. In the fast-paced logistics sector, timely and effective communication is critical. Delhivery serves over 33,000 businesses, including top brands such as Nykaa and Flipkart, and adopts the Truecaller verified business caller ID solution. This strategic move addresses everyday challenges like missed and rejected calls due to a lack of trust and context, ensuring users enjoy a seamless and secure communication experience.

    Truecaller verified business caller ID enhances brand elements such as company name, logo, category name, and verification tick, helping customers identify calls. This feature builds trust and assures confidence in communications with Delhivery. Given Delhivery’s role in logistics for major brands, each interaction needs transparency for customers.

    Delhivery leverages Truecaller’s call reason capability, which adds context to calls by displaying their purpose beforehand. The company uses Truecaller’s dynamic APIs to personalise call reasons for each delivery request. This customisation proves essential for Delhivery, ensuring that communication remains personalised and transparent for the end customer.

    Delhivery’s CTO Kapil Bharati comments, “Our strategic partnership with Truecaller is a step towards ensuring efficiency and trust for our clients and their customers. The Truecaller Verified Business Caller ID solution helps us provide a better experience to our customers and our delivery executives, while reducing the risks of fraud and spam.”

    Truecaller, global head GTM & developer products, Priyam Bose states, “At Truecaller, we are dedicated to facilitating communication safety and efficiency for businesses. Our Verified Business Caller ID solution is designed to build trust, enabling customers to recognise legitimate calls and provide significant value and protection to consumers. We are ecstatic to collaborate with Delhivery, as the partnership aligns with our commitment to enhancing the customer experience and providing secure communication across the logistics ecosystem.”

    The verified business caller ID solution enhances business call efficiency and significantly reduces phone call-related frauds and scams, promoting customer safety in business communications. This safety feature serves as a crucial benefit of the solution.

    The strategic collaboration between Delhivery and Truecaller testifies to their shared commitment to transforming customer communication. This partnership elevates the standard of trust and transparency in every business interaction within the logistics sector.

     

  • Kraftshala marks Teacher’s Day with #LessonsThatLast campaign

    Kraftshala marks Teacher’s Day with #LessonsThatLast campaign

    Mumbai: In a heartwarming tribute to teachers, Kraftshala, an ed-tech platform for sales and marketing jobs has launched its latest campaign #LessonsThatLast. With this new campaign, they have attempted to put the spotlight on the educators who have not only imparted knowledge but are also instrumental in shaping careers and lives.

    The campaign #LessonsThatLast centers around a poignant and engaging video tribute, featuring industry experts and mentors from Kraftshala sharing personal stories of how their teachers have influenced their professional journeys. It’s a celebration of the wisdom, encouragement, and sometimes tough love that educators provide, which continues to guide and inspire long after the classroom doors have closed.

    Commenting on the heartfelt initiative, Kraftshala founder & CEO, Varun Satia said, “Teachers are more than just our guides through academic subjects—they mold our futures. Through #LessonsThatLast, we’re making a small attempt at honoring these extraordinary individuals by showing how their teachings have shaped our successes and made us who we are today.”

    The video tribute is a series of anecdotes from various industry leaders who are also the prestigious mentors of Kraftshala, revealing all the profound ways their teachers impacted their lives. Varun Sethi, Management Consultant, Accenture an alumnus of IIM Kozhikode recalls how Professor Matthew used innovative teaching methods to challenge and reshape his self-perceptions, leaving a lasting impact on his personal and professional outlook.

    Digital Freak campaign manager Megha Jain recalls her journey with her teacher Archana ma’am, “I was incredibly shy and lacked confidence in school. Archana Ma’am not only celebrated my achievements but also focused on my strengths, which played a crucial role in building my self-esteem.”

    Another expert, Sogolytics SEO manager Sadashiv Pal highlighted how despite his school’s limited resources, Bhosle emphasized personal development with such flair. Her impeccable demeanor and English proficiency helped him overcome insecurities, enabling him to speak confidently in public.

    Additionally, other Kraftshala mentors including TurboHire VP sales & strategy Fahad Mistry; Delhivery director marketing, Ayushi Mona Singh; Verse & co-founder & CEO Pratham Junius also shared their cherished memories with their favorite teachers in the campaign.

    Kraftshala’s #LessonsThatLast campaign is a celebration of the lasting impact of teachers. The video highlights how their lessons go beyond the classroom, continuing to shape students’ futures. The campaign features contributions from students who have documented the influence of their teachers, many of whom are now mentoring emerging sales and marketing talent at Kraftshala.

    Follow Indiantelevision.com on WhatsApp channel for the latest updates: https://whatsapp.com/channel/0029VaiosNqGE56fCGRIuX1Z

  • Shopmatic helps SMEs and individual entrepreneurs in APAC

    Shopmatic helps SMEs and individual entrepreneurs in APAC

    MUMBAI: Shopmatic, a Singapore-based e-commerce company providing a platform for any merchant to take their business online, has joined hands with leading e-commerce marketplaces like Amazon, eBay, Lazada. The alliance will seamlessly enable Shopmatic merchants in Singapore to develop their own webstores for a global presence and sell their products or services on these marketplaces in a convenient, hassle-free manner.

    A financial and business management hub, Singapore provides a strong digital infrastructure with the highest internet penetration in Southeast Asia. Industry analysts estimate that three out of every four residents in the country will use the internet at least once a month [1], a figure well above that for any other country in the region. The platform is focused on helping not only the small and medium businesses of the Asian countries to find their feet in the online world, but also give these firms global exposure.

    Commenting on this alliance Shopmatic CEO Anurag Avula said, “As a global e-commerce company, our primary focus is to empower merchants and individual business owners with an online platform which can help them in reaching out to a bigger audience and boost their business through greater speed and efficiency. By tying up with these successful e-commerce powerhouses, we are enabling our user base in Singapore to leverage the penetration and popularity of these portals and gain instant access to millions of customers across the globe. Meanwhile, they will also continue enjoying the benefits of being enlisted on our platform that provides them with an entire ecosystem to grow their business in the virtual world.”

    Shopmatic has established partnerships with numerous international and local companies in order to make it easier for its users to sell online. Recently, Shopmatic signed deals with global online payments giant PayPal to enable its merchants in expanding their sales across the globe. On the logistics front, Shopmatic has made strategic partnerships with local and global logistics players like Delhivery and Aramex. These tie-ups have been instrumental in helping individual entrepreneurs manage everything that is required to let their business grow, including exposing them to international markets with the help of Shopmatic’s global footprint.

  • Shopmatic helps SMEs and individual entrepreneurs in APAC

    Shopmatic helps SMEs and individual entrepreneurs in APAC

    MUMBAI: Shopmatic, a Singapore-based e-commerce company providing a platform for any merchant to take their business online, has joined hands with leading e-commerce marketplaces like Amazon, eBay, Lazada. The alliance will seamlessly enable Shopmatic merchants in Singapore to develop their own webstores for a global presence and sell their products or services on these marketplaces in a convenient, hassle-free manner.

    A financial and business management hub, Singapore provides a strong digital infrastructure with the highest internet penetration in Southeast Asia. Industry analysts estimate that three out of every four residents in the country will use the internet at least once a month [1], a figure well above that for any other country in the region. The platform is focused on helping not only the small and medium businesses of the Asian countries to find their feet in the online world, but also give these firms global exposure.

    Commenting on this alliance Shopmatic CEO Anurag Avula said, “As a global e-commerce company, our primary focus is to empower merchants and individual business owners with an online platform which can help them in reaching out to a bigger audience and boost their business through greater speed and efficiency. By tying up with these successful e-commerce powerhouses, we are enabling our user base in Singapore to leverage the penetration and popularity of these portals and gain instant access to millions of customers across the globe. Meanwhile, they will also continue enjoying the benefits of being enlisted on our platform that provides them with an entire ecosystem to grow their business in the virtual world.”

    Shopmatic has established partnerships with numerous international and local companies in order to make it easier for its users to sell online. Recently, Shopmatic signed deals with global online payments giant PayPal to enable its merchants in expanding their sales across the globe. On the logistics front, Shopmatic has made strategic partnerships with local and global logistics players like Delhivery and Aramex. These tie-ups have been instrumental in helping individual entrepreneurs manage everything that is required to let their business grow, including exposing them to international markets with the help of Shopmatic’s global footprint.