03 Jun 2026
Delhivery incorporated a wholly owned subsidiary named Delhivery Fintech Distribution to expand its fintech operations.
The subsidiary signals intent to develop embedded finance products for the SME merchants and sellers already within Delhivery's logistics network. Probable product areas include working capital financing, payment logistics, and insurance distribution. Logistics companies entering embedded fintech is a proven playbook in Southeast Asia. Execution risk in India is still high given existing NBFC and fintech competition.