By siliconindia | Thursday, 29 July 2021, 05:43 Hrs The subsidiary of FedEx known as FedEx Express is investing a total of $100 million in Delivery, an Indian logistic startup. The investment move proves that FedEx is trying to expand its firm with its presence in the South Asian country. The deal will include a long-term commercial agreement. The focus of FedEx Express will lie on international export and import to and fro from India. On the other hand, Delhivery will focus on pickup and delivery services across the Indian market. Further, FedEx will be helping Delhivery with its assets to expand its business in India.
FedEx deepens its commitment to the India market
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FedEx enters agreement with Delhivery
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FedEx to inject $100Mn in Delhivery to promote cross-border operations in India
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FedEx Express and Delhivery Come Together to Unlock Cross-Border Potential in India
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