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DTDC

DTDC Express Limited, trading as DTDC (short for Desk to Desk Courier & Cargo), is an Indian logistics and delivery services company, headquartered in Bengaluru.[7]

History

In 2006, Reliance Capital acquired a 44% stake from co-founder Debasish Chakraborty, who left the company owing to differences with his elder brother. Subhasish Chakraborty retained his 56% stake in the company, while Reliance Capital reduced its shareholding to 40% later that year.[8]

In 2012, DTDC acquired a 52% stake in Eurostar Express of Eurostar Group in the UAE.[9] In April 2013, DTDC acquired 70% of Nikkos Logistics.[10]

In June 2013, French courier company Geopost (owned by La Poste) acquired Reliance Capital's 39.51% stake in DTDC, taking its overall ownership in DTDC to 42%.[11]

In February 2025, DTDC started quick-commerce delivery services, opening its first dark store in Bangalore.[12][13]

Sponsorships

In January 2003, DTDC became the title sponsor of then NFL club Tollygunge Agragami.[14]

See also

  • Courier in India
  • Indian Postal Service

References

  1. Our Journey dtdc.in^
  2. Swaraj Singh Dhanjal. DTDC plans to go public, eyes ₹1,000 cr Mint, 31 March 2022, retrieved 23 January 2023^
  3. Our Vision:Overview dtdc.com^
  4. We pass on only a part of price increase: DTDC Courier The Hindu Business Line, 4 July 2013^
  5. Abhishek Law. DTDC strengthening core business for growth The Hindu Business Line, 22 October 2018, retrieved 23 January 2023^
  6. DTDC Express Limited Crediwatch, retrieved 6 March 2024^
  7. P. R. Sanjai. DTDC moves beyond courier services Mint, 2 May 2012, retrieved 8 July 2025^
  8. Geetanjali Shukla. Pushing the envelope Business Today, 22 August 2012^
  9. DTDC acquires 52% stake in Eurostar Express NDTV, 14 May 2012^
  10. Raghuvir Badrinath. DTDC Courier acquires 70% stake in Nikkos Logistics Business Standard, 29 April 2013^
  11. GeoPost buys out Reliance Capital PE's stake in courier firm DTDC for Rs 158 cr The Hindu Business Line, 8 July 2013^
  12. DTDC ventures into quick commerce; sets up first dark store in Bengaluru The Economic Times, 2025-02-08, retrieved 2025-06-27^
  13. DTDC enters rapid commerce with first dark store in Bengaluru aiming to improve 2 4 hour and same day services Business Today, 2025-02-08, retrieved 2025-06-27^
  14. DTDC to sponsor Tollygunge Agragami Rediff, 7 January 2003, retrieved 28 November 2021^