| | MARCH 202519RELIANCE CAPITAL MADE A SIZABLE INVESTMENT OF RS 70 CRORE IN 2006, PROPELLING DTDC'S VALUATION TO RS 180 CRORE. DTDC'S UNRELENTING DEVELOPMENT AND INDUSTRY SUPREMACY WERE HIGHLIGHTED BY ITS REVENUES, WHICH SKYROCKETED TO RS 450 CRORE BY 2010 demand in India's rapidly evolving digital economy. The business intends to expand its nationwide rapid delivery operations, opening up speedy fulfillment options to a larger clientele.Beam of EntrepreneurshipSubhasish made the audacious decision to enter the chemical distribution industry in 1987. Despite his best efforts, postal service inefficiencies were the main cause of the venture's failures. Subhasish discovered a large void in the courier services industry during this tumultuous time.Birth of DTDCUsing his understanding of the growing need for trustworthy courier services, Subhasish established DTDC (Desk to Desk Courier & Cargo) on July 26, 1990. His nascent business faced many obstacles after receiving a meager investment of Rs 20,000. Because of the scarcity of venture capital, banks were hesitant to offer loans. Unfazed, Subhasish turned to selling his mother's jewelry to fund his business endeavors.Subhasish unveiled a revolutionary idea in 1991: the franchise model. This creative strategy turned out to be revolutionary, allowing DTDC to grow and scale quickly. In addition to serving retail clients, the business soon established alliances with industry titans like Wipro, Infosys, and the Tata Group.DTDC's Growth Trajectory, Strategic Investments, and InnovationsDTDC developed into a powerful force in the logistics sector over time. It currently serves 220 international destinations and has a strong network that spans 14,000 PINs throughout India. By 2006, the business had 3,700 franchises and generated Rs 125 crore in revenue annually.In 2013, DTDC made a calculated move by purchasing a 70 percent share in Nikkos Logistics and establishing DotZot, India's first delivery network designed specifically for e-commerce businesses. This program strengthened DTDC's standing as a pioneer and industry disruptor in logistics solutions.The company chose Open Pricer, a state-of-the-art cloud pricing platform, to help fuel its expansion in the Indian market. Through the partnership, DTDC will be able to optimize contract prices through dynamic pricing while preserving its position as a market leader.In the Indian parcel delivery market, DTDC Express has established itself as a leader in its extensive network of more than 14,500 client access points, which covers almost 96 percent of the country's population. The company's Express Parcels, International, and Integrated E-commerce Logistics Verticals provide an unmatched client experience and value.A cloud-based pricing tool called Open Pricer helps logistics companies sell more quickly and intelligently, which boosts their bottom line. By offering cutting-edge pricing tools that facilitate faster and more accurate quoting for new prospects, this partnership strengthens DTDC's direct and channel sales teams and eventually results in higher conversion rates and more equitable margins. Through this strategic partnership, DTDC is dedicated to providing its esteemed clients with increased value.
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