In a bid to give a boost to its shopping site Indiatimes Shopping; the Times Internet has purchased a stake in New Delhi based logistics company Delhivery.
They have actually tried to strengthen their warehouse network and last mile delivery and it is going to enhance their delivery capabilities.
Viamedia
They could have had gone with their own courier company like other ecommerce companies in India; however it takes time to bring a courier company to develop footprint in tight competitive segment.
