Delhivery has received approval to incorporate a wholly owned subsidiary (WOS) namely ‘Delhivery Fintech Distribution’ or such other name as may be approved by the relevant authorities. The board of directors of the company at their meeting held on May 16, 2026 has approved the same.
The WOS is being established as a distribution focused financial and allied services arm. It is intended to operate as a financial layer supporting the company’s logistics network, leveraging the company’s reach and partner ecosystem to enhance liquidity access, mitigate risk, and improve operational efficiency across the value chain. It will house the Insurance Corporate Agent business, distribution of payment solutions like FASTags and Fuel Cards as well as distribution of Telematics devices for truckers and other sector-specific products tailored for vendors, truckers, last mile delivery agents and MSMEs.
Delhivery provides a full range of Logistics services, including delivery of express parcel and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software.
