Delhivery to make a strategic investment in retail tech firm Vinculum
Delhivery Ltd, the logistics firm, will make a strategic investment in Vinculum, a technology firm enabling omnichannel retailing for direct-to-consumer(D2C) enterprises, brands, brand distributors, and quick commerce companies. The investment is the first part of a potential 2-stage deal that provides Gurugram-based Delhivery with the option to further increase its shareholding in the company after six months. The companies didn’t reveal the value of the transaction.
“Vinculum has built a world-class product that enables omnichannel retailing for brands, retailers while also powering fulfilment capabilities of 3PLs (third-party logistics)