Delhivery Limited

Delhivery Limited

Delhivery Limited has partnered with Bajaj Auto to electrify its last-mile delivery fleet, commencing with the deployment of 200 Bajaj RIKI eCarts. This first phase will be followed by approximately 1500 electric three-wheelers by 2026-2027, extending electrification to Tier-2 and Tier-3 cities. The initiative aims to boost operational efficiency, significantly reduce operating costs, improve rider earnings and safety, and advance Delhivery's environmental goals by cutting Scope 3 emissions.

Delhivery Limited

Delhivery Limited has announced the grant of 1,87,375 stock options to eligible employees under its Delhivery Employees Stock Option Plan IV, 2021. This decision was made by the Nomination and Remuneration Committee of the Board of Directors. For investors, this signifies a standard practice in employee compensation, aiming to incentivize and retain talent. While the exercise of these options could lead to a minor dilution of existing shares in the future, it aligns employee interests with the company's long-term growth and performance.

Delhivery Limited

Delhivery Limited has announced the launch of "Delhivery Maps," India's first AI-native mapping suite. This innovative product is built on commercial logistics telemetry, leveraging extensive operational data. The new suite is designed to enhance the company's efficiency through advanced route planning and network optimization capabilities. For investors, this signifies Delhivery's continued investment in technology, potentially leading to improved operational profitability and a stronger competitive edge in the Indian logistics market.