Delhivery To Power Plix's International Shipping Operations

Plix, a wellness brand under the umbrella of Marico, has broadened its collaboration with Delhivery. The enhanced partnership will see Plix utilise Delhivery’s services for cross-border freight shipping, in addition to domestic express parcel shipping.

What Happened: The announcement came on Tuesday, with Plix expressing its intentions to leverage Delhivery’s expertise in air freight for swift and secure transportation of goods. The wellness brand plans to transport goods from its Mumbai warehouse to its New York warehouse using Delhivery’s services.

Over the past three years, Delhivery has emerged as a prominent player in cross-border express and freight shipping for major Indian brands. The company is also a registered partner for Amazon's global outbound parcel business.

See Also: Hopes For Higher Eps Pension May Be Dashed By New Calculation Rules Report

Akash Zaveri, Co-Founder, Plix, expressed his confidence in Delhivery’s capabilities, stating that the company can make global shipping as predictable and time-bound as domestic deliveries. “Seamless movement of goods is a key feature of a globalized world with a globalized marketplace,” Zaveri said.

Vikas Kapoor, senior vice-president, of Cross-Border Business, Delhivery, said that Plix's trust in them to handle their international and domestic shipping needs is an affirmation of their performance and reliability in delivering comprehensive logistics solutions.

Price Action: Delhivery’s share price was up 3.53% to trade at ₹474.70 on Tuesday afternoon.

Read Next: Warren Buffett Says His Company Wouldn’t Have Been The Same Without This IIT Grad


Engineered by Benzinga Neuro, Edited by Utkarsh Roshan


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Loading...
Loading...

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Posted In: EquitiesNewsContractsMarketsDelhiveryMarico