Delhivery makes investment in logistics automation solutions provider, Falcon Autotech

Delhivery makes investment in logistics automation solutions provider, Falcon Autotech

FPJ Web DeskUpdated: Wednesday, January 05, 2022, 04:47 PM IST
article-image
With this partnership, Delhivery expects to work closely with Falcon Autotech to design and implement new automation solutions for transportation and warehousing operations. / Representational Image |

Delhivery Ltd has announced an investment in Falcon Autotech, a logistics automation solutions provider. This announcement is in line with Delhivery's stated objective of sustained investments in future-ready hardware solutions in its operations, it said in a press statement.

Delhivery (including Spoton) already operates 20 automated sortation centres, 124 gateways, and 83 fulfillment centres across India as of June 30, 2021.

Ajith Pai, Chief Operating Officer, Delhivery, said, “The collaboration with Falcon Autotech strengthens our ability to drive greater speed, precision, and efficiency across our business lines."

With this partnership, Delhivery expects to work closely with Falcon Autotech to design and implement new automation solutions for transportation and warehousing operations.

The partnership will also enable the bundling of the hardware automated solutions along with Delhivery’s SaaS platform, one of the proposed growth verticals for Delhivery in the national and international market.

Naman Jain, Chief Executive Officer, Falcon Autotech, added, "This investment is a testimony to Falcon’s commitment to our customers, our design, technology, and delivery capabilities, and the product roadmap ahead.”

RECENT STORIES

Gold Prices Could Hit ₹1.5 Lakh Per 10 Grams By 2026 Amid Global Economic Uncertainty: Report

Gold Prices Could Hit ₹1.5 Lakh Per 10 Grams By 2026 Amid Global Economic Uncertainty: Report

GST 2.0 Already Boosting Festive Sales, Top Ministers To Highlight Diwali Impact In Dhanteras Press...

GST 2.0 Already Boosting Festive Sales, Top Ministers To Highlight Diwali Impact In Dhanteras Press...

Gold Smuggling Sees Big Spike Before Dhanteras, What’s Fueling This Illegal Rush Amid Record...

Gold Smuggling Sees Big Spike Before Dhanteras, What’s Fueling This Illegal Rush Amid Record...

Havells Q2 Profit Rises 18.86% To ₹318.28 Crore

Havells Q2 Profit Rises 18.86% To ₹318.28 Crore

Govt Extends Application Window PLI Scheme For White Goods Till November 10

Govt Extends Application Window PLI Scheme For White Goods Till November 10