Gurugram-based logistics company Delhivery has appointed Milind Sharma as cofounder of now defunct grocery delivery service Peppertap, as the head of its rapid commerce and D2C brands verticals.
Sharma was among the first few employees of Delhivery in 2012, and left the firm in 2013 to launch Peppertap.
In his new role at Delhivery, Sharma will build out the rapid commerce service as well as oversee Delhivery’s entire product portfolio for direct-to-consumer brand segment. He will also be scaling up Delhivery’s same-day and next-day offerings.
Delhivery launched its rapid commerce service earlier this year, with an aim to offer intracity deliveries for brands in a two-to-four hour timeline from its dark stores.
“Rejoining Delhivery feels like a homecoming for me. This is where I started my startup journey, and I am 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,” said Milind Sharma on his appointment.
Delhivery had reported a 114% year-on-year (YoY) rise in its consolidated net profit at Rs 25 crore for the third quarter of financial year 2024-25 (FY25). The company’s revenue from operations stood at Rs 2,378 crore in Q3 FY25 from Rs 2,194 crore in Q3FY24.
