Supply chain firm Delhivery acquires Spoton Logistics for unknown sum

Logistics and supply chain services player Delhivery announced the acquisition of Bengaluru-based Spoton Logistics as it strengthens it B2B capabilities. The financial details of the deals were not disclosed.

Spoton Logistics is an engineering and technology-driven logistics company. The company started its journey in 2012 when private equity firm India Equity Partners bought the domestic business from TNT India. In 2018, Spoton partnered with a consortium of investors led by Samara Capital and Xponentia Fund Partners to build the next stage of its growth.

Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the transaction.