Delhivery acquires Spoton; Samsara Capital and Xponentia get exit
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Logistics tech startup Delhivery has confirmed the acquisition of Bangalore-based Spoton Logistics. The company refused to comment on the exact financials behind the acquisition, but according to a report from earlier this month, Delhivery has acquired Spoton for $200 Mn. Samara Capital and Xponentia, which had together acquired Spoton from IEP in 2018, have made a full exit for cash.