A leading end-to-end logistics and supply chain services company in India, Delhivery confirmed the acquisition of Bangalore-based Spoton Logistics. This move further strengthens Delhivery’s existing B2B capabilities. Samara Capital and Xponentia that together acquired Spoton from IEP in 2018 are making a full exit for cash as part of the transaction.
On this transaction, Kotak Mahindra Capital Company acted as the financial advisor and Shardul Amarchand Mangaldas & Co. acted as the legal advisor to Delhivery.
