Delhivery has agreed to invest in 10.94% equity shares (34,46,374 equity shares) of Vinculum Solutions on May 19, 2023. The objective of the acquisition is jointly go to market by developing product capabilities specific to the Direct-to-consumer segment. Investment to be completed by June 30, 2023.
Vinculum Solutions is a global leader in SaaS (Software as a Service), enabling Omnichannel retailing. Vinculum software stack seamlessly enables brands to syndicate product data, automatically list catalogs to multiple sales channels and manage orders, inventory, fulfilment and returns across the supply chain network
Delhivery is an Indian logistics and e-commerce supply chain company.