Delhivery joins forces with cosmetics brand for pan-India B2B shipments

E-com logistics giant, Delhivery has collaborated with Sugar Cosmetics for pan-India B2B shipments. In a stock exchange filing, the firm stated that it has been a reliable partner for the Sugar Cosmetics’ direct-to-consumer (D2C) express parcel shipping for many years. Varun Bakshi, Head of Delhivery’s Express Part Truckload business, said in a statement, “Our unique mesh network design, integrated linehaul for both B2B and B2C, automated sorters, and quick turn-around of tractor trailers give us a significant competitive advantage. Brands like SUGAR Cosmetics, which have an omnichannel strategy, heavily benefit from our express PTL service for quick stock replenishment and availability to fuel their retail expansion across India.” “In the March quarter, the logistics company’s net loss narrowed to ₹68.4 crore from a loss of ₹158.6 crore during the same period last year. The company extended the losses on account of depreciation. Revenue for the quarter shot up by 12% to ₹2,075 crore,” the statement added.