Delhivery joins hands with NVIDIA to build digital mapping solutions

Shares of one of India’s leading logistics players, Delhivery, traded in red amid broad-based weakness in the market, despite a positive development. The shares traded 0.5% lower at ₹425 apiece on the NSE at 2:00 pm. The company announced a partnership with Nvidia for digital mapping solutions.

The exchange filing read that Delhivery has partnered with NVIDIA to develop digital mapping solutions tailored specifically to Bharat’s complex geography and unique addressing systems. The company aims to leverage NVIDIA accelerated computing, NVIDIA CV-CUDA, and NVIDIA Nemotron open models to design highly accurate, scalable and locally relevant maps to support India’s growing digital economy by unlocking the potential of its petabytes of proprietary data accumulated over several years.

Key capabilities being evaluated include address disambiguation to distinguish between phonetically similar addresses and localities, contextual inference to decipher unstructured descriptions, and predictive sequencing to optimise last-mile routes in dense, unplanned urban areas. With a focus on performance, scalability and local relevance, the company’s India-first mapping platform aims to serve as the foundational digital infrastructure for applications that require precise, intelligent and up-to-date location data.

In the latest quarterly earnings, the company posted 17.6% YoY jump in revenue at ₹2,798 crore as the company served 18,838 pin-codes with 51,547 codes. The express parcel segment dominated the overall services revenue at 66% for the quarter, as compared to 63% in the previous year’s same quarter. At the operational level, the EBITDA margin now stood at 5.3% vs 1.9% in the Q3FY25. Similarly, the net profit jumped from ₹25 crore to ₹110 crore.

Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express freight services, and supply chain software.