25 Comments
Mar 8, 2022Liked by Tar

Enjoyed this. I am really bullish on e-commerce growth in the coming decades. Looking forward to the IPO valuations.

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Thank you Rahul, I am very bullish on e-commerce growth in India as well

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excellent article, but I don't like the middle management. I had given interview for this company pre ipo for Salesforce sales Consultant role problem was everyone in their management team was always late. Time management & respecting others time I feel should be very highly valued.

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Quality content again Tar. Thanks. Does Delhivery's Truckload Freight Management competes with Blackbuck or it isn't a substantial competition for the company to be impacted.

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Thank you Rajat.

It does compete with Blackbuck, so in essence Delhivery is a combination of several standalone start ups like Blackbuck.

Based on my research, Delhivery's revenue from this segment will soon reach Blackbuck's level.

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Mar 7, 2022Liked by Tar

Nicely written; I'm just not able to comprehend their optionality for Saas, I mean we can make a case for it in a way like AWS was for amazon but AWS was part of Amazon here its more or less their operation, maybe I'm just reading it wrong. Enjoyed reading.

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Thank you Vivek

So for Delhivery the Logistics OS is actually similar to AWS at Amazon. AWS started as a service within Amazon for internal use before they spun it out for everyone else to leverage. Delhivery is following the same strategy with their 'Logistics OS'. The optionality here refers to the ability to increase blended overall margins. Margins in core Delhivery business are in the range of 15 to 20% but SaaS margins can be as high as 90%, so if SaaS offering takes off, Delhivery margins can increase and thus their valuations.

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What a great job you have done. It was great to read it. Hats off sirr. Definitely apply for this.πŸ”₯πŸ”₯

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Thank you for reading and subscribing Sparsh

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Mar 6, 2022Liked by Tar

It's so good to read! πŸ‘πŸ˜

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Glad you found it useful, thank you for reading

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Enjoyed . Looking for this only .

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Thank you

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Thanks Tariq. A great read to end my weekend. Finally an IPO, am genuinely interested now...

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Thanks Kaushik, IPO price and valuations should also be considered. Its a good scalable business, one of the better 'new age' companies getting listed.

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Wow man thoroughly enjoyed it πŸ‘

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Thank you Ashish

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Wonderful Work Tariq Sir, You’re Doing Great Work ❀️

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Thanks Madhav

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Can porter be considered its competitor?

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What a deep insight of the business. I really enjoyed it. thanks

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Hello Tariq, will you please update the article with IPO price announcement?

is it fairly valued in IPO?

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Thanks a lot. From your writings only I came to know in detail about Delhivery. It is really a study based thorough work enjoyed most. May Almighty bless you.

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Thanks Brother for sharing details

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