cxo voice
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Business

Delhivery acquires Algorhythm Tech to enhance its supply chain

News Desk by News Desk
December 20, 2022
Reading Time: 2 mins read
Delhivery
Share on FacebookShare on Twitter

Fully-integrated logistics service provider Delhivery on Tuesday said it is acquiring Pune-based Algorhythm Tech for an undisclosed sum. Algorhythm Tech delivers planning and optimisation solutions for enterprise supply chain operations.

The company said the transaction is expected to be completed by January 31 and post the acquisition, Algorhythm Tech will operate as a wholly-owned subsidiary of Delhivery Ltd.

“Algorhythm Tech’s supply chain management (SCM) software products will enhance our supply chain solutions offering with value-added services and also drive cost optimisation in service delivery,” said Sandeep Kumar Barasia, Executive Director and Chief Business Officer, Delhivery.

Founded in 2003 by Abhaya Borwankar, Ajit Singh, and Sandeep Pendurkar, Algorhythm offers end-to-end supply chain planning and execution products to clients across FMCG, pharma, steel, auto and telecom sectors, through its proprietary aceRhythm 3.0″ platform.

“Delhivery has made great strides to emerge as the largest logistics provider in India in a decade and we can think of no better team or company to work with to accelerate our joint vision for the future,” said Ajit Singh, Co-founder, Algorhythm Tech.

Delhivery has fulfilled over 1.7 billion shipments since inception and works with over 28,000 customers.

ADVERTISEMENT

The logistics services provider’s network is now live on the government’s Open Network for Digital Commerce (ONDC) platform.

( Only the headline and image of this article may have been edited by CXOvoice; the rest of the content is generated from a syndicated feed.)

Also Read: AIIMS servers data have been retrieved, OPD functioning online partially

News Desk

News Desk

by CXO VOICE team memebrs, contact@cxovoice.com

Related Posts

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment
Cloud

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

March 30, 2023
SK hynix is not sure whether to apply for US Chips Act funding: CEO
Business

SK hynix is not sure whether to apply for US Chips Act funding: CEO

March 29, 2023
PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems
News

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

March 29, 2023
AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain
Business

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

March 28, 2023
SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery
Business

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

March 27, 2023
Will never share US user data with China, says TikTok CEO
Business

TikTok CEO says, will never share US user data with China

March 24, 2023
China's smartwatch shipments declined by 9.3% in 2022: Report
News

China’s smartwatch shipments declined by 9.3% in 2022: Report

March 23, 2023
Hybrid workplace
News

78% of professionals heading back to the office by choice

March 23, 2023
Load More
ADVERTISEMENT

Expert Views

SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023
Technology Trends to Watch in 2023
Opinion

Top Technology Trends to Watch in 2023

December 21, 2022
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022

Latest Updates

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

by News Desk
2 hours ago

SK hynix is not sure whether to apply for US Chips Act funding: CEO

SK hynix is not sure whether to apply for US Chips Act funding: CEO

by IANS
23 hours ago

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

by News Desk
1 day ago

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

by IANS
2 days ago

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

by IANS
3 days ago

Will never share US user data with China, says TikTok CEO

TikTok CEO says, will never share US user data with China

by IANS
6 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-
email security interview
Cyber Security

What is email security? and its importance in securing enterprise networks

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/