Tiger Global-backed Delhivery confirmed that it had a discussion with Alibaba in April this year to chalk out potential fit for its India plans.
Chinese e-commerce giant Alibaba expects India entries have seen e-commerce focused on logistics companies including Delhivery,GoJAVAs and ankle partnership e-commerce Express, said sources.
ET reported earlier, Alibaba, is an investor in Snapdeal and Paytm, looking forward to the launch of its India operations and Paytm.
Global support Delhivery confirmed that it had to discuss with Alibaba in April this year, chalk out potential Tiger for its India plans.
"We have discussed how we can provide the best performance for Alibaba, is still finalizing its India strategy. It has yet to reach an agreement, "Sahil, Delhivery's Chief Executive, told ET.
The deal becomes the key of five logistics companies, industry experts say, because it has been under pressure to diversify its business portfolio after its logistics business, in internal logistics arm Ekart Flipkart Company divert part of its top partners.
Ekart opened its latest third-party players including Paytm, and ShopClues and Jabong, competitors in the B2B space services.
Similarly, the Snapdeal and the other levels of the market such as Amazon have invested heavily in strengthening their own logistics network. Snapdeal also has a majority stake in GoJAVAs.
"Companies such as Alibaba looks for India to play end-to-end logistics solutions providers. It signifies the logistics partner knows its warehouse network and other features export-import and customs clearance, delivery, "said saimanishijiaer, Director of Alvarez and Marsal India.
Currently, Alibaba listed entities for AllCargo logistics India cross-border shipments.
Delhivery at mile-last mile logistics companies, legal advice as an independent entity and Parcelled, investment has been made.
Earlier this year, ET reported raising $ 200 million company has been on the market including the water jar, DST global, and other investors. Sources said a wheel has been closed. However, Delhivery declined to comment.
In 2011, the Delhivery count Tiger global, its investors, in addition to multiple alternative asset management, Nexus venture and the age of the Internet, publishing the newspaper part of the times group.
