Delhivery Appoints Ex-PepperTap Co-Founder, Milind Sharma, as Head of Rapid Commerce and D2C Brands

Delhivery, India's largest fully-integrated logistics services provider, has announced the appointment of Milind Sharma as Head of Rapid Commerce and D2C Brands. Milind is a serial entrepreneur with over 14 years of experience in high-growth ventures across e-commerce, and quick commerce.

Milind Sharma

Milind was a founding member of Delhivery in 2012, scaling operations to 100,000 daily orders while leading Business Development. He later co-founded PepperTap, a hyperlocal pioneer that reached $200M+ ARR, and Nuvo Logistics, where he expanded the business to $10M+ revenue across 75+ cities before its acquisition by Shadowfax, where he led growth and strategy. Most recently, he launched Flyo, a quick commerce platform and Mabel, a jewelry commerce venture.

In his new role at Delhivery, Milind will build out the Rapid Commerce Service as well as oversee Delhivery’s entire product portfolio for direct-to-consumer brand segment. Milind will also be scaling up Delhivery’s same-day and next-day offerings.

Commenting on his appointment, Milind Sharma said, "Rejoining Delhivery feels like a homecoming for me. This is where I started my startup journey, and I’m eager to contribute to the next phase of growth by building the Rapid Commerce service and serving the D2C Brand segment and building on Delhivery’s strong foundation alongside the team."

Sahil Barua, Chief Executive Officer at Delhivery, said, "We’re excited to welcome Milind back to Delhivery. Having been part of our early journey, he understands our DNA and what it takes to build and scale in this space. His entrepreneurial mindset and deep experience in consumer businesses will be invaluable as we expand our Rapid Commerce and D2C Brands segment."

About Delhivery:

Delhivery is India's largest fully-integrated logistics services provider. With a nationwide network covering over 18,700 pin codes, the company offers a wide range of logistics services, including express parcel transportation, part-truckload freight, full-truckload freight, cross-border services, supply chain solutions, and technology services. Since its inception, Delhivery has successfully fulfilled over 3.4 billion shipments and serves over 39,000 customers, including large and small e-commerce participants, SMEs, and other enterprises and brands.

Delivery Startup PepperTap Shuts Operations In 6 Cities Including Mumbai, Kolkata & Chennai

Gurgaon-based hyperlocal delivery startup PepperTap is shutting operations in six cities, including Mumbai, Kolkata and Chennai. PepperTap will continue operations in 12 cities and suburbs out of the 18 it was present in.

Backed by VC firm Sequoia Capital, the startup will also be laying off about 400 delivery men out of 2,500 employees it has, which is a mix of contract and permanent staff. This lay-off is a sign of heightened pressure on delivery startups to conserve capital amid a slowdown in funding. Notably, last month PepperTap's larger rival Grofers decided to close operations in nine cities, including Ludhiana, Bhopal, Kochi, Coimbatore and Visakhapatnam.

PepperTap will continue to operate in Delhi, Gurgaon, Noida, Hyderabad, Pune, Ghaziabad, Faridabad and Bangalore which, Singh said, contribute as much as 70% of revenues. PepperTap had plans to expand into 75 cities when it announced its $36-million raise last year led by Snapdeal.

In September, PepperTap had rolled back operations in smaller towns such as Agra and Meerut after a month-long pilot failed to take off. According to the company, it will now shut down business in larger cities such as Ahmedabad, Chandigarh, Mumbai, Kolkata, Chennai and Jaipur.

In December, Peppertap had acquired Bengalore-based grocery delivery startup Jiffstore while closing its USD 40 million round of funding.

Founded in 2013 by Navneet Singh and Milind Sharma, the company has raised over $51 million in total since its inception.

Delivery Startup PepperTap Shuts Operations In 6 Cities Including Mumbai, Kolkata & Chennai

Gurgaon-based hyperlocal delivery startup PepperTap is shutting operations in six cities, including Mumbai, Kolkata and Chennai. PepperTap will continue operations in 12 cities and suburbs out of the 18 it was present in.

Backed by VC firm Sequoia Capital, the startup will also be laying off about 400 delivery men out of 2,500 employees it has, which is a mix of contract and permanent staff. This lay-off is a sign of heightened pressure on delivery startups to conserve capital amid a slowdown in funding. Notably, last month PepperTap's larger rival Grofers decided to close operations in nine cities, including Ludhiana, Bhopal, Kochi, Coimbatore and Visakhapatnam.

PepperTap will continue to operate in Delhi, Gurgaon, Noida, Hyderabad, Pune, Ghaziabad, Faridabad and Bangalore which, Singh said, contribute as much as 70% of revenues. PepperTap had plans to expand into 75 cities when it announced its $36-million raise last year led by Snapdeal.

In September, PepperTap had rolled back operations in smaller towns such as Agra and Meerut after a month-long pilot failed to take off. According to the company, it will now shut down business in larger cities such as Ahmedabad, Chandigarh, Mumbai, Kolkata, Chennai and Jaipur.

In December, Peppertap had acquired Bengalore-based grocery delivery startup Jiffstore while closing its USD 40 million round of funding.

Founded in 2013 by Navneet Singh and Milind Sharma, the company has raised over $51 million in total since its inception.

Gurgaon-Based PepperTap Raises Funding From Sequoia Capital

PepperTap, a mobile first hyper-local grocery delivery service based out of Gurgaon has secured an undisclosed amount in seed round from Sequoia Capital. PepperTap has already raised an undisclosed amount of seed funding from a US based bluechip VC fund and now the startup is in advance stages to close its next round of funding which is around $10 million.

On February 12, 2015, PepperTap has launched its mobile application on iOS platform as it is already available on Android platform. The service of PepperTap is currently available only in Gurgaon.

PepperTap have range of 5000 unique products including grocery & staples, fruits & vegetables and household goods with the promise of delivery within 2 hours or at customer’s preferred time slots. The company's business model is unique to India and similar to Instacart in the US.

PepperTap is a location based platform that allows customers to shop from a catalog that is specific to their
location. It is committed to make daily life easy and hassle­free for customers by offering them timely service, just when they need it.

Founded in November 2014 by Navneet Singh and Milind Sharma, who were previsouly employed with another startup from New Delhi - Delhivery, thereafter both established NuvoEx, India's premier e-commerce focussed reverse logistics company. Initially when they started PepperTap it was operating from a 200 sq. ft. office.

PepperTap is the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its customers. PepperTap connects directly with the local vendors and supermarkets to provide
necessities to the masses. A smart way to save time and fuel.