U.S. President Donald Trump has declared that negotiations would not be allowed to interfere with tariff increases and that, instead, he was cutting off threats to China. In a briefing at the White House, Trump made it clear that any nation responding with its own tariffs could expect to face much higher ones coming from the U.S. The freshest warning concerns a potential 50 percent duty on Chinese goods if Beijing doesn’t back down from its new 34 percent counter-tariff on American goods.
Trump’s position indicates a wider change toward economic nationalism, asserting that US debt demands stronger trade terms and permanent tariff structures to remedy long-standing economic imbalances. While he insisted that several nations were clamoring to sign “fair” agreements, there was no signal that the tariff offensive would be paused any time soon.
Global Markets Plunge Amid Trade War Fears
Ever since last week’s announcement of new tariffs, the world’s financial markets have been stirred up. The Hong Kong Hang Seng index fell more than 13%—its sharpest one-day drop since 1997. European markets shut down with a more than 4% decrease, and key American indexes opened the day significantly lower.
This economic turmoil reflects investors’ worries about extended global trade disruption. Because China is such an important player in global manufacturing and trade, the prospect of rising tariffs prompts alarms to go off regarding supply chain volatility, slow economic growth, and diminished corporate profits.
China and Others Push Back Against US Moves
China reacted strongly to Trump’s threats, criticizing the strategy as one-sided and coercive. A spokesperson for the Chinese embassy roundly condemned the United States’ protectionist stance, calling it economically bullying and a severe blow to international norms. Beijing says it is acting reciprocally in response to Washington’s aggressive trade policies.
At the same time, other countries are coming under pressure. Israel has received a new 17% tariff and has promised to take speedy measures to eliminate the trade mismatch. Japan is sending over negotiators, and the EU has put forward a “zero-for-zero” tariff plan. However, the EU has also signaled that it may impose retaliatory tariffs if it gets unhappy with the outcome of the discussions.
Trump’s message hinted that tariff negotiations with individual countries would commence right away. While the President acknowledged the possibility of dialogue, he made it clear that trade actions would proceed unless partner nations acceded to U.S. demands. The coming weeks are shaping up to be pivotal not just for U.S. trade policy but also for the global economy and the financial markets.
Imagine Marketing, the parent company of popular electronics brand boAt, has officially filed its draft red herring prospectus (DRHP) for an Initial Public Offering (IPO). The filing has been done through the confidential pre-filing route with the Securities and Exchange Board of India (SEBI). The company is taking this strategic step to go public and raise funds for expansion.
boAt, known for affordable audio products and wearables, has become one of India’s fastest-growing consumer tech brands. Founded by Aman Gupta and Sameer Mehta, the brand has built a strong presence among young consumers in India.
boAt Chooses Confidential Pre-Filing Route
The confidential filing option, introduced by SEBI in 2022, allows companies to submit IPO papers without immediate public disclosure. This route helps companies test market sentiment and make changes to their offer based on SEBI’s feedback before going public.
Imagine Marketing had earlier filed draft IPO papers in 2022 for an INR 2,000 crore offering. However, that plan was put on hold due to market volatility. This time, the company is reapproaching the public markets with a revised strategy, taking advantage of the flexibility of the pre-filing process.
The confidential route is gaining popularity among startups and tech firms. It offers more privacy and better planning before a full-scale listing.
boAt’s Growth and IPO Plans
boAt has grown pretty fast in recent years. It is one of the top audio brands in India and has achieved significant global recognition. According to the International Data Corporation (IDC) Q3 2023 report, boAt ranked second in the world for wearable device shipments, behind only Apple. It outperformed global brands like Samsung, Xiaomi, and Huawei in volume.
In FY24, boAt’s operating revenue stood at INR 3,117.7 crore, down from INR 3,376.8 crore in FY23. Despite the drop, the company reduced its net loss to INR 79.7 crore in FY24 from INR 129.4 crore in FY23 by lowering its total expenses.
Imagine Marketing plans to use IPO proceeds for expanding its product portfolio, investing in research and development, and strengthening its supply chain. The listing will also help in improving brand value and reaching more customers.
The company has backing from major investors like Warburg Pincus and Qualcomm Ventures. A successful IPO could help boost its market position and open doors for international growth.
Final Thoughts
The IPO move by Imagine Marketing marks a key milestone for the boAt brand. With strong customer demand, investor backing, and a growing product base, the company seems well-positioned for public markets. If approved by SEBI, the IPO could be one of the most-watched listings of the year.
According to a US media outlet, Phoebe Gates, the youngest daughter of Microsoft founder Bill Gates, recently disclosed that her rich father had been apprehensive when she initially chose to pursue entrepreneurship. Phoebe revealed that at first, her parents, Bill and Melinda French Gates, were concerned about her desire to pursue entrepreneurship. She stated that when she initially made her professional decision, her father questioned her if she was certain she wanted to pursue this. Phoebe’s education has to be finished first, according to Bill and Melinda Gates. After earning a degree in human biology from Stanford University in the spring of 2024, Phoebe Gates is now pursuing a career in sustainable design with her new business, Phia.
‘The Burnouts’ the Podcast
Phoebe also launched her podcast, “The Burnouts”, with her business partner Sophia Kianni. The 22-year-old Gates family member talked about her new fashion company endeavour and her fears of being a nepotism product. She claimed that being called a “nepo baby” had made her uneasy, but she was also driven to establish her worth. She claimed that although she is extremely privileged to be from the Gates family, this is not what defines her. She wants to diverge from that and have her own identity and personality. How can she accomplish that in a way that will result in some kind of change? The answer is with the help of “The Burnouts” and “Phia”.
Close Bond with Stella McCartney
Phoebe acknowledged that she came to understand that the children of wealthy and well-known people might go their own way because of her mother’s association with Stella McCartney. Regarding McCartney, the daughter of The Beatles icon Paul McCartney who has achieved fame as a fashion designer, Phoebe told a media outlet, “She and my mum are actually good friends.”
“Even as a little child, I would become really pleased when mother sent me things and brief comments. I have been requesting to meet with my mother for ages.
“I think we are really deeply connected because that’s a lot of what I think about. ‘Okay, I’m my parents’ daughter, which gives me immense privilege, but that’s not what I’m defined by,’” Phoebe continued.
Phoebe clarified that she frequently views situations from the perspective that there is no hidden cost. It’s simple to look back and believe that the various areas we study—such as human biology and law—do not necessarily directly link to the fashion tech work we’re doing now. Additionally, she believes it’s critical for people to understand that you can always alter course. You can always decide right away to do something quite different from what you’re doing right now.
In the first week of April, the aggregate market capitalisation (mcap) of nine of the ten most valuable Indian corporations fell by INR 2,94,170.16 crore, with Tata Consultancy Services (TCS) suffering the most. During this time, the NSE Nifty dropped 614.8 points, or 2.61%, while the BSE Sensex dropped 2,050.23 points, or 2.64%. Only Bharti Airtel, one of the top ten businesses by market capitalisation, ended the week with a positive valuation, while others witnessed a sharp drop. TCS’s overall market capitalisation dropped to INR 11.93 lakh crore as its valuation plummeted by an astounding INR 1.10 lakh crore. The nation’s most valuable firm, Reliance Industries, was also hit hard, shedding INR 95,132 crore and closing the week valued at INR 16.30 lakh crore. With its mcap currently at INR 6.03 lakh crore, Infosys also saw a significant erosion of INR 49,050 crore. Over INR 14,000 crore was lost by Bajaj Finance, while INR 9,503 crore was lost by ICICI Bank. Hindustan Unilever Ltd saw a decline in value of about INR 3,500 crore, while HDFC Bank saw a decline of INR 8,800 crore.
Government Entities Also Witnessed Drop
ITC saw a slight decline of INR 312 crore, while State Bank of India lost INR 3,391 crore. In contrast, Bharti Airtel’s market value increased by INR 7,013 crore, bringing its market mcap very near to INR 10 lakh crore. In spite of the losses, Reliance Industries was still the most valuable company, followed by Hindustan Unilever, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, and ITC.
Current Market Condition
The notable decline in market capitalisation among India’s leading corporations underscores the current state of volatility and investor restraint in the country’s equity markets. Even industrial titans like TCS and Reliance Industries were not immune to the sharp drops in benchmark indices. A rare bright spot was provided by Bharti Airtel’s single gain. Investors will be intently monitoring future economic indicators and business profits for indications of stability and recovery, as market sentiment continues to be brittle.
Over the years, AI technologies have grown in capability, becoming more accurate and efficient at a wide variety of jobs. One notable instance of this occurred when Reid Hoffman, a co-founder of LinkedIn, experimented with an AI tool that caused it to recreate the whole LinkedIn platform. He was shocked when the AI created a “surprisingly functional prototype” that demonstrated its amazing powers. In his LinkedIn post, Hoffman highlighted the experiment’s findings and expressed his surprise at the AI tool’s capacity to produce a functional prototype. In a LinkedIn post, he stated that he had asked Replit to “clone LinkedIn” in order to test the platform’s capabilities with only one command. “The outcome? An unexpectedly useful prototype,” he noted. It serves as a potent reminder that modern AI techniques may transform a single notion into functional software with the correct framing.
What is Replit?
Replit is a firm that lets consumers utilise AI to create websites and apps. It makes programming accessible to anyone by utilising an innovative AI model called Replit Agent, which functions as an automated app developer. The CEO of Replit, Amjad Masad, previously stated that learning to code is useless since coding jobs will soon be replaced by artificial intelligence (AI). Masad reposted a video of himself defending his claim on X. In the video, he concurred with Anthropic’s Dario Amodei, who forecasted that nearly all codes in the future would be generated by artificial intelligence. He also stated that in the worst-case scenario, all code will be generated by AI, similar to what Dario recently stated. “I assume that on this optimisation path we’re on, where agents are going to get better and better and better, the answer would be different. The answer would be no. It would be a waste of time to learn how to code. But you could have different predictions, and I think different people will make different assumptions,” he added.”
Sundar Pichai’s Prediction Regarding Coding
Masad’s remarks followed Google CEO Sundar Pichai’s disclosure that 25% of the company’s new code is generated by AI, albeit engineers evaluate it afterwards. Sam Altman, the CEO of OpenAI, the company that makes ChatGPT, recently said that AI has already replaced half of the coding in many businesses. According to Pichai, Google is also utilising AI internally to enhance its coding procedures, increasing efficiency and productivity. At Google, artificial intelligence now creates more than 25% of all new code, which engineers subsequently evaluate and approve. This enables the company’s engineers to work more efficiently. Google provides its clients with customised hardware accelerators for AI applications, such as NVIDIA Graphics Processing Units and bespoke Tensor Processing Units.
With a strong focus on transforming last-mile logistics and promoting sustainable transport, this partnership marks the most significant EV deployment to date.
The initiative is expected to create over 10,000 green jobs, saving approximately 25,000 tonnes of CO₂ emissions annually, delivering both environmental and socio-economic impact.
BizDateUp, amongst the largest ecosystem enablers for startups that provide comprehensive end-to-end services, facilitates an INR 100 crore partnership between BattRE Electric Mobility, EV91, and evpe. The strategic alliance will see the deployment of 10,000 electric two-wheelers across India, beginning in Q2 2025, with a strong focus on transforming last-mile logistics and promoting sustainable transport.
This landmark collaboration comes as a pivotal time when India is witnessing remarkable growth in EV adoption. According to the Ministry of Road Transport and Highways’ Vahan portal, EV sales in CY24 touched 1.95 million units, up from 1.53 million in 2023. Electric two-wheelers alone accounted for 1.15 million units, representing a 33% year-on-year growth. The surge has been driven by an improved consumer sentiment, policy incentives, and deeper market penetration by two-wheeler manufacturers, especially in Tier II and Tier III cities.
Under the leadership of Jeet Chandan, Founder and Director of BizDateUp, played the catalyst in aligning all stakeholders, structuring the deal, and closing one of the most significant EV deployment partnerships to date.
As part of the agreement, BattRE Electric Mobility will supply high-performance electric two-wheelers tailored for logistics needs. EV91, a fast-growing logistics fleet aggregator, will deploy these vehicles across urban and semi-urban locations to build an energy-efficient delivery network. Meanwhile, evpe, an integrated EV financing company, will enable financially viable ownership and fleet acquisition models for drivers and businesses alike.
“This isn’t just a deal but a statement,” said Jeet Chandan, Founder and Director, BizDateUp. “At BizDateUp, we’re building powerful collaborations that spark real change. Bringing together BattRE, EV91, and evpe is a perfect example of how we connect vision, capital, and execution to create lasting impact in sectors that matter like clean mobility.”
“This ₹100 crore order is a strong validation of our work at BattRE,” said Pankaj Sharma, Co-Founder of BattRE Electric Mobility.“With rising demand and EV-friendly sentiment spreading across smaller towns, this rollout allows us to serve the exact segment that’s driving India’s clean mobility revolution.”
Arun Kumar, Founder & CEO of EV91, added, “We’re seeing firsthand how logistics is evolving. EV adoption isn’t just a cost decision, it’s now a sustainability imperative. With BizDateUp’s guidance and the strength of our partners, we’re committed to redefining what eco-conscious, efficient logistics looks like across India.”
Rohan Yeggina, Co-Founder & CEO of evpe said, “One of the biggest roadblocks to EV adoption is financing. By working closely with BattRE and EV91, we’ve created a model that makes large-scale EV deployment both accessible and scalable particularly in emerging markets and Tier II cities.”
The initiative is expected to create over 10,000 green jobs and save approximately 25,000 tonnes of CO₂ emissions annually, delivering both environmental and socio-economic impact.”
About Bizdateup Technologies
Founded by Jeet Chandan and Co-founded by Meet Jain, BizDateUp is amongst the largest ecosystem enablers for startups offering comprehensive support services that propel groundbreaking ideas and visionary entrepreneurs to the forefront of their industry. With a steadfast commitment to nurturing a culture of innovation, BizDateUp empowers startups to challenge conventions, pioneer new solutions, and drive meaningful change in their respective fields.
In the fiscal year of 2023-24, BizDateUp showcased remarkable growth and impact. The organization solidified its position within the ecosystem by successfully funding over 25 startups, raising a $10 million fund, and engaging with more than 1000 active angel investors.
Notably, BizDateUp achieved an impressive average return of 3.5X, demonstrating its ability to identify and support high-growth ventures. Through strategic investments, mentorship, and networking opportunities, BizDateUp continues to fuel the growth and success of the startup and investor community, fostering a vibrant ecosystem.
In preparation for the launch of its massive INR 15,000 crore Tata Capital IPO, the Tata Group has submitted draft documents to the Securities and Exchange Board of India, the capital market regulator. The conglomerate headed by N Chandrasekaran has reportedly submitted its paperwork to SEBI in preparation for its much-anticipated IPO, which is owned by Tata Sons and IFC. Tata Sons and IFC would sell their shares in the Tata Capital IPO, which would be an offer for sale (OFS), according to the draft paper. With the help of Kotak Mahindra Capital, Citi, JP Morgan, Axis Capital, ICICI Securities, HSBC Securities, IIFL Capital, BNP Paribas, SBI Capital, and HDFC Bank, Tata Sons submitted the draft documents via the confidential procedure. The draft papers have been submitted to the market regulator via private pre-filing process, according to a recent media report. A mix of main and secondary share offerings will be made; Tata Sons and investor IFC will split the shareholding, with the former contributing more.
More Details of the IPO
An news agency stated on March 9, 2025, that Tata Capital is expected to submit initial public offering (IPO) paperwork to markets regulator Sebi in order to raise $2 billion (more than 17,000 crore Indian rupees). Only after receiving final NCLT permission for the Tata Motors Finance merger with the company would this step be taken. According to this news outlet, Tata Capital’s initial public offering (IPO) would cost $11 billion. The National Company Law Tribunal (NCLT) is awaiting for the final decision, which should be closed by the end of this fiscal year (FY25). The Reserve Bank of India (RBI) has designated Tata Capital as an upper-layer non-banking finance company (NBFC), and the board has already given its permission for the inaugural share sale to be floated. The proposed IPO would include 2.3 crore equity shares through a new issue and an offer of sale (OFS) by some current owners, per a disclosure given to stock markets.
Tata Capital Plans to Raise Funds
In addition to the IPO, Tata Capital declared that it will further strengthen its financial position prior to the public listing by raising money through a rights issue. If successful, this would be one of the biggest initial share sales in the nation’s financial industry. Following the offering of Tata Technologies in November 2023, this would also be the second public market debut for the Tata Group in recent years. The corporation is making this move in an attempt to meet the RBI’s listing standards. Within three years of being classified as such, upper-layer NBFCs must list on the stock exchange in accordance with the RBI’s mandate. In September 2022, Tata Capital was classified as an upper-layer NBFC.
The Young Entrepreneurs Fund (YEF), a $10 million initiative, was launched today by Harshavardhan Chauhaan, the veteran marketing strategist behind billion-dollar retail and D2C ventures. Fueled entirely by proceeds from Chauhaan’s incendiary new book, #NCAYB (Nobody Cares About Your Brand), this radical fusion of literary provocation and venture capital targets early-stage founders driving innovation in Deep Tech, Clean Energy, Rural Platforms, and National IP. Chauhaan, whose career spans scaling hypergrowth startups and redefining brand psychology, positions YEF as both a critique of outdated marketing dogma and a capital engine for those rewriting India’s economic future, aligned with the vision of Viksit Bharat, Karmyogi Bharat, and Vishwa Vyapi Bharat.
The fund’s structure defies conventional venture models, mirroring Harshvardhan Chauhaan’s unorthodox approach to consumer influence. Unlike traditional investors fixated on pitch decks and financial projections, YEF allocates $10,000-$250,000 grants to raw, pre-revenue ideas, prioritizing societal impact and scalable solutions over spreadsheets. This ethos stems directly from #NCAYB’s core thesis, that consumer trust, not product-centric frameworks like the 1960s-era 4Ps of Marketing, now dictates market success. Proceeds from every copy of #NCAYB sold directly go to the YEF, creating a self-sustaining loop between thought leadership and founder empowerment.
Commenting on the fund launch, Harshvardhan Chauhaan said, “The true revolution in business won’t happen in boardrooms where executives cling to century-old theories. It will emerge from garages and Discord servers where founders understand that consumers don’t follow brands, they follow trust architectures. Through the launch of the Young Entrepreneurs Fund, our aim is to go beyond funding business plans by investing in neural networks of influence that rewrite consumer behavior from the subconscious up. When the history of 21st century commerce is written, it won’t mention advertisements or product features; it will document how trust became the only currency that mattered.”
Beyond financial backing, YEF provides grantees with mentorship from global brand strategists, growth marketers, and serial entrepreneurs who understand the evolving dynamics of consumer trust and fractional loyalty. Ashish Soni, an alumnus of IIT Bombay, serial entrepreneur, and industry leader in AI and emerging technologies, has joined YEF as a pro bono mentor and board advisor. With over 14 years of experience across innovation, product development, and tech consulting, Ashish will help guide the fund’s direction, ensuring high-impact value creation and strategic excellence.
The fund’s mandate spans four strategic sectors critical to India’s transformation. In Deep Tech, YEF will support startups pioneering breakthroughs in artificial intelligence, quantum computing, and advanced robotics, technologies poised to redefine global technological frontiers. Clean Energy innovators will receive backing for solutions in renewable energy generation, green infrastructure, and carbon-neutral technologies, aligning with India’s sustainability goals. Rural Platforms form another key focus area for YEF, aiding ventures that democratize access to agritech tools, rural fintech ecosystems, and digital literacy programs to bridge the urban- rural divide – a direct contribution to the Viksit Bharat ideal.
Apart from these, YEF will also help National IP initiatives gain traction by scaling indigenous innovations, from traditional crafts to climate-resilient agricultural practices, ensuring these ideas achieve global resonance under the Vishwa Vyapi Bharat framework. These verticals align with #NCAYB’s principles of the Trust Algorithm, Fractional Loyalty, and the Influence Flywheel while anchoring YEF’s role in fostering a Karmyogi Bharat where skill development and entrepreneurial grit converge. By channeling resources into these domains, the fund aims to cultivate a self-reliant economy where trust-based consumer relationships and homegrown innovations drive progress.
Applications for YEF open April 14, 2025, exclusively at NobodyCaresForYourBrand.com
Delhivery Ltd, a logistics services company, stated on 5 April that it would acquire Ecom Express Ltd. This acquisition deal will cost Delhivery around INR 1,400 crore in cash. The step is taken in order to expand operations of Delhivery. The business announced in a regulatory filing that it has finalised a deal to buy a majority share in Ecom Express Ltd. from its stockholders for about INR 1,400 crore in cash. With a purchase price of no more than INR 1,407 crore, the board of the company authorised the purchase of shares of Ecom Express Ltd that represented at least 99.4% of the issued and paid-up share capital, fully diluted.
The Deal Gets the Nod from Ecom’s Board
The board has given its approval for the company, Ecom Express, and its shareholders to execute a share purchase agreement as well as other required paperwork. It is anticipated that the transaction would be finalised in the upcoming six months. Ecom Express, a company situated in Gurugram, made INR 2,607.3 crore in the fiscal year 2023–24 compared to INR 2,548.1 crore the year before. Sahil Barua, MD and CEO of Delhivery, commented on the agreement, stating that the Indian economy needs ongoing advancements in logistics speed, reach, and cost-effectiveness. Delhivery is certain that this acquisition would allow it to better serve the clients of both businesses by making more daring investments in people, technology, networks, and infrastructure. He continued by saying that Ecom Express’s founders and management have built a solid network and team that will be easy to incorporate into Delhivery’s operations. Delhivery will be the perfect stakeholder for Ecom Express’s next stage of expansion, according to K. Satyanarayana, the company’s founder.
Waiting for CCI’s Approval
The Competition Commission of India’s clearance and the usual closing conditions must be met before the deal may be completed. Founded in August 2012, Ecom Express Ltd. offers comprehensive logistics solutions powered by technology. According to the company, this acquisition will increase Delhivery’s scale and fortify its value proposition to customers. According to a Delhivery official statement, the larger scale brought about by this acquisition should enable Delhivery to make more efficient investments in enhancing service quality through network expansion and network quality enhancements. Delhivery offers a broad range of logistics services, including supply chain, technology, cross-border, PTL, TL, and rapid parcel transportation, through its statewide network that spans more than 18,700 pin codes. According to the filing, Delhivery has completed more than 3.4 billion shipments since its founding and serves more than 39,000 clients, including SMEs, big and small e-commerce players, and other businesses and brands.
Sahil Barua is a visionary entrepreneur and business leader who has left a lasting mark on India’s logistics industry. He is the co-founder and CEO of the leading Indian logistics and supply chain company, Delhivery.
Sahil is also a keen angel investor and actively invests in startups. He has made investments in startups like Crest, The Souled Store, Nestasia, Sutradhar, BeepKart, and more.
Barua led the acquisition of its competitor, Ecom Express Limited, for INR 1,407 crore, according to reports as of April 2025. Delhivery has revolutionized logistics operations within the Indian e-commerce industry, transforming the way goods are delivered across the country.
In this article, let’s explore the success story of Sahil Barua, including his education, professional life, investments, and more.
Sahil Barua Biography
Name
Sahil Barua
Born
25 December 1984
Nationality
Indian
Education
National Institute of Technology, Karnataka; Indian Institute of Management, Bangalore
Entrepreneurs Talk With Delhivery CEO and Co-founder, Sahil Barua
Sahil Barua – Early Life and Education
Delhivery CEO Sahil Barua grew up in the city of Ahmedabad. Sahil has grown in an academic environment. His father was a professor at IIM Ahmedabad, and his mother was a doctor.
Sahil completed his formal education at St. Xavier’s High School. He pursued a Bachelor of Engineering in Mechanical Engineering (2002–2006) from the National Institute of Technology, Karnataka.
He then went for a post-graduation (2006–2008) at the Indian Institute of Management, Bangalore. He was also an all-around gold medalist on the Director’s Merit List at the institute.
Sahil Barua – Professional Life
Sahil started his professional journey with short-term internships. It was when he was still pursuing mechanical engineering. He went to the University of Maryland, US, in 2005 and worked as a research intern on electronics packaging at the CALCE Labs for about four months.
The internship helped him gain valuable knowledge and innumerable experiences of corporate life.
Sahil Barua worked as a summer associate at Bain & Company for around three months while pursuing his post-graduation. Later, after the completion of his post-graduation, he started working full-time for the company as a consultant. After one year, he got promoted to Senior Associate Consultant. He then focused on examining sectors like private equity, telecommunications, and healthcare.
After another year, he was again promoted as a consultantwith a defined portfolio, gearing up for more responsibilities.
Sahil Barua – Delhivery
Sahil Barua | Delhivery
Sahil co-founded his logistics firm, Delhivery with two of his Bain & Company associates, Suraj Saharan, and Mohit Tandon in 2011. They had similar mindsets and were encouraged enough to establish their logistics startup in India.
The three co-founders were in conversation with their friends at Zomato. Since Zomato’s business was an online business that needed the network to deliver the eatables to its users, they started working on the proposed idea and began the initial phase of Delhivery.
They established their first corporate office in Gurgaon with a total of 10 people, including four delivery people. After that, they started connecting with local restaurants and fulfilling their orders within half an hour. The model worked very well, and the business picked up instantly. No sooner did they start getting offers from various e-commerce sites as well, and the company flourished thereafter.
Delhivery is a popular courier service, logistics, and supply chain solutions company. The company offers its services in parcel transportation, warehouse, and truckload deliveries through different portals like Delivery Express, Delhivery Fulfillment, Delhivery Freight, and Delhivery Cross-Border.
In May 2022, Delhivery launched its Initial Public Offering (IPO), which was a major achievement. The company’s ability to expand its business and access new financial markets was made possible by the IPO.
According to financial reports, Delhivery’s operating revenue has grown steadily, increasing 5% to Rs 7,225 crore in FY23 from Rs 6,882 crore in FY22.
Over the years, Delhivery company has changed how supply chain and logistics solutions are perceived and executed in India. Sahil Barua’s strategic vision and leadership are sure to help Delhivery solidify its position as a key player in the industry.
In a significant development, Sahil Barua, the CEO of Delhivery, has been appointed as an independent director on Swiggy’s board. Along with Sahil, Swiggy has appointed two other independent directors: Mallika Srinivasan, a Padma Shri awardee and Chairman and Managing Director of TAFE, and Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates.
With a deep sense of understanding of logistics and supply chain operations, Sahil Barua will help bring valuable insights and expertise to Swiggy’s board. This strategic appointment is sure to enhance Swiggy’s delivery network and operational efficiency as it continues to revolutionize the food delivery ecosystem in India.
Sahil Barua – Investments
Sahil has made eighteen investments. The details for the most recent investments are given below:
Sahil Barua has made investments in companies like Crest, The Souled Store, Vidyut, BeepKart, and more.
What is Sahil Barua education?
Sahil Barua holds a Bachelor of Engineering in Mechanical Engineering from the National Institute of Technology, Karnataka, and is a post-graduate from the Indian Institute of Management, Bangalore.
Who are in Sahil Barua family?
Sahil Barua was born and raised in India. His father, Samir Kumar Barua, served as a professor at IIM Ahmedabad, and his mother is a doctor.
Who is Sahil Barua wife?
Sahil Barua is unmarried as of April 2025.
Is Sahil Barua Assamese?
Barua is a common surname among the Assamese communities, who primarily follow Hinduism.
Who is Delhivery owner?
Sahil Barua is the Managing Director, CEO,, and the co-founder of Delhivery.
