DTDC

DTDC Express Limited
DTDC
Company typePrivate
IndustryCourier
Founded1990 (1990)[1]
(as DTDC Courier & Cargo Ltd.)
FounderSubhasish Chakraborty[2]
HeadquartersBengaluru, Karnataka, India
Area served
Worldwide
Key people
    • Subhasish Chakraborty (Chairman and Managing Director)[3]
    • Abhishek Chakraborty (Executive Director)[4][5]
Services
Revenue 2,022 crore (US$240 million) (FY23)[6]
23 crore (US$2.7 million) (FY23)[6]
Number of employees
13,000
Websitedtdc.com

DTDC Express Limited, trading as DTDC (short for Desk to Desk Courier & Cargo), is an Indian courier 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

References

  1. ^ "Our Journey". dtdc.in. Archived from the original on 28 April 2018.
  2. ^ Dhanjal, Swaraj Singh (31 March 2022). "DTDC plans to go public, eyes ₹1,000 cr". Mint. Retrieved 23 January 2023.
  3. ^ "Our Vision:Overview". dtdc.com. Archived from the original on 21 April 2018.
  4. ^ "We pass on only a part of price increase: DTDC Courier". The Hindu Business Line. 4 July 2013. Archived from the original on 9 June 2018.
  5. ^ Law, Abhishek (22 October 2018). "DTDC strengthening core business for growth". The Hindu Business Line. Retrieved 23 January 2023.
  6. ^ a b "DTDC Express Limited". Crediwatch. Retrieved 6 March 2024.
  7. ^ Sanjai, P. R. (2 May 2012). "DTDC moves beyond courier services". Mint. Retrieved 8 July 2025.
  8. ^ Shukla, Geetanjali (22 August 2012). "Pushing the envelope". Business Today. Archived from the original on 28 April 2018.
  9. ^ "DTDC acquires 52% stake in Eurostar Express". NDTV. 14 May 2012. Archived from the original on 28 April 2018.
  10. ^ Badrinath, Raghuvir (29 April 2013). "DTDC Courier acquires 70% stake in Nikkos Logistics". Business Standard. Archived from the original on 28 April 2018.
  11. ^ "GeoPost buys out Reliance Capital PE's stake in courier firm DTDC for Rs 158 cr". The Hindu Business Line. 8 July 2013. Archived from the original on 9 June 2018.
  12. ^ "DTDC ventures into quick commerce; sets up first dark store in Bengaluru". The Economic Times. 8 February 2025. Retrieved 27 June 2025.
  13. ^ "DTDC enters rapid commerce with first dark store in Bengaluru aiming to improve 2 4 hour and same day services". Business Today. 8 February 2025. Retrieved 27 June 2025.
  14. ^ "DTDC to sponsor Tollygunge Agragami". Kolkata: Rediff. 7 January 2003. Archived from the original on 13 January 2024. Retrieved 28 November 2021.