Acquisition of Bangalore-based Spoton Logistics has been confirmed by Delhivery (a leading end-to-end logistics and supply chain services company in India). This acquisition further strengthens Delhivery’s existing B2B capabilities. Kotak Mahindra Capital Company acted as the financial advisor and Shardul Amarchand Mangaldas & Co. acted as the legal advisor to Delhivery on this transaction.
Samara Capital and Xponentia that together acquired Spoton from IEP in 2018 are making a full exit for cash as part of the transaction.
