DELHIVERY acquires Spoton, aims to augment B2B capabilities

New age domestic logistics and supply chain giant Delhivery has acquired Bengaluru-based Spoton Logistics for an undisclosed sum, a move primed to strengthen its existing B2B capabilities. With the acquisition, Samara Capital and Xponentia, which acquired Spoton from IEP in 2018, have made a full exit for cash as part of the transaction. Spoton Logistics is a leading multimodal express logistics and supply chain solutions company in the country. “Over 10 years, Delhivery has established a leading position in B2C logistics and now by combining our part truckload business with Spoton’s, we will be on the path to the same position in B2B express as well,” said Sahil Barua, CEO, Delhivery. “Spoton is known for its focus on customer relationships and service quality, professional management and technology and engineering, which are values shared by Delhivery as well,” said Abhik Mitra, Managing Director, Spoton Logistics.