Sahil Barua is one of those individuals that started young in life and has since achieved a great deal of success in a variety of endeavours.

Because of his unwavering commitment and insatiable thirst for knowledge, he has achieved an extraordinary level of accomplishment. Despite the fact that he excelled in his studies, not all top students go on to found their own businesses.

During the process of establishing one’s empire, it is necessary to expend the efforts that are outside the scope of the league.

But the one who promises to accomplish all of those things that are above one’s capabilities and concurrently puts those promises into reality is the winner. At some point, they are approached by felicity, which permits them to a sufficient degree to build their own kingdom.

And so, in order to make you conscious of the capabilities that you possess, I am going to introduce you today to the character who serves as the best example of that type of paradigm.

Sahil Barua is one of the co-founders of the e-commerce company delhivery, which is considered to be the most essential in the field of logistical support.

Sahil Barua

Sahil Barua

Sahil Barua quick facts

Name: Sahil Barua

Date of birth: 25 December 1984

Birthplace: Delhi

Nationality: Indian

Father’s name: Samir Kumar Barua

Networth: ₹ 338 crores

Profession: Entrepreneur

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Sahil Barua early life

CEO of Delhivery. The 25th of December 1984 found Sahil Barua being born in Delhi. He followed in the footsteps of others and graduated from St. Xavier High School having completed his official schooling.

After that, I relocated to Karnataka in order to attend the National Institute of Technology in Karnataka and earn a degree in mechanical engineering. I was there from 2002 till 2006.

The fact that he did not even earn a Master of Finance from the Indian Institute of Management in Bangalore (IIM-B) while being on the gold medalist and director’s merit list at the institute is one of the most admirable aspects of his education.

How his professional life started?

Mr. Barua kicked off his career with an internship that lasted for a limited amount of time. This was during the time when he was working on his degree in Mechanical Engineering, and at the same time, he had travelled to the University of Maryland in the United States in 2005.

There, Sahil began his stint as a Research Intern on electronic packaging at the CALCE Labs, where he remained employed for close to four months (May 2005 to August 2005).

In the years that followed, when Sahil was still a student at IIM-B, he once more worked as a “Summer Associate at Bain & Company” in London for a period of around three months in 2007.

However, all of these positions were only internships, and he even gained nothing from them for his future career. Nevertheless, the education he received there was invaluable to him.

Additionally, he held a position at the Bangalore-based fashion label Stayglad. However, in a short amount of time, he managed to escape to this.

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Sahil Barua’s entrepreneurial journey?

There will be many highs and lows along the way, and there will be a significant amount of work involved. Success will not come overnight. As a result, his version of the success story is not nearly as unique as those of others.

You are completely unaware of the fact that Sahil rejoined Bain & Company in 2008, this time working there as a full-time Associate Consultant after he had finished his post-graduate studies.

And less than a year later, in June 2009, he was promoted to the position of Senior Associate Consultant. After that, he shifted his attention to analysing different industries, such as private equity, telecommunications, and healthcare.

Because of his continued effort in relinquishing his tasks, he was given the opportunity to be promoted to the position of Consultant in June 2010, at which point he was given a portfolio that was more clearly defined along with an increased number of responsibilities.

It was while he was employed at Bain & Company that he became friendly with Suraj Saharan and Mohit Tandon. In the midst of all of this, the concept of beginning an internet business occurred to him, and as Suraj and Mohit both had the same line of thinking, the two of them moved forward with their involvement in it.

And came to the conclusion to launch an e-commerce logistics company known as Delhivery.

Due to the fact that these three individuals developed friendships with Zomato’s founders Pankaj Shahadah and Deepinder Goyal. Therefore, Abhishek and Goyal gave them an amount that will remain confidential in order for them to carry out the venture.

That is how they got their start in the business world, and that is how they created their first corporate office in Gurgaon with a total of 10 personnel, four of whom were delivery guys. After some time, he formed alliances with nearby restaurants and began completing orders within a half-time. hour’s

Because the Indian market did not have an adequate distribution system at the time, this strategy was successful. After the company was founded, it experienced growth of 400% in just four years.

Therefore, in a sense, despite the presence of a number of competitors, his Delhivery model continues to dominate the market.

Sahil Barua personal life

Both Sahil’s personal and professional lives are very similar to one another. He prefers to keep a low profile and is quite protective of his personal space.

His first order of business in the morning is to review the reports that were generated by the Management Information System (MIS), observe the shipments that were planned to be delivered, and calculate the revenue that was made. Then, after he has finished looking over the deliveries that are due today, he will proceed.

According to Sahil Barua, technology is the key to achieving one’s goals and achieving success. However, he is unable to maintain his position on the computer screen for an extended period of time. After every twenty minutes, he finds it more productive to circulate the room and engage in conversation with the other members of the team.

History of Delhivery

SSN Logistics Ltd. was the original name given to Delhivery when it was established in May of 2011. Within the first few months of the company’s existence, residents of Gurgaon were able to use the hyperlocal express delivery service of the company to place orders for food and flowers to be delivered locally. When this was going on, the internet retailing and e-commerce business in India was expanding at a rapid rate, which drew a lot of interest from international investors.

Barua and Tandon, the company’s founders, were at the time working as consultants for the management consulting firm Bain & Company. The founders were intrigued to the magnitude and potential of the business. Because of this, they came to the conclusion that the industry would be their primary focus.

In June of 2011, Delhivery was successful in landing its first e-commerce client, the e-commerce fashion and beauty retailer Urban Touch. By August of 2011, Delhivery had completely transitioned its business model to one in which it offered logistics services to a number of different online retailers.

In March of 2019, Delhivery completed its most successful round of funding by receiving an investment of 413 million dollars from SoftBank.

It was revealed in May 2021 by Delhivery that it had successfully completed a fundraising round led by Fidelity in which it had successfully raised an additional $277 million, bringing its total market valuation to around $3 billion.

In August of 2021, Delhivery completed the acquisition of the B2B logistics company Spoton Logistics for a purchase price of 1,600 crore (US$200 million).

In December of 2021, it completed the acquisition of Transition Robotics Inc., a company based in California that manufactures unmanned aircraft systems.

Investments totaling 2,347 crore (US$290 million) were made by 64 anchor investors in Delhivery prior to the company’s initial public offering in May 2022.

Following the completion of its initial public offering (IPO), which was held in May 2022, Delhivery became publicly traded on the BSE and NSE. The company’s valuation was determined to be 35,283 crore, which is equivalent to $4.4 billion.

Expansion of Delhivery

In the past, Delhivery charged relatively little for deliveries. Their plan comprised a 500 gramme packet transfer within the National Capital Region (NCR), a 500 gramme packet transfer to major cities, as well as tier 2 and tier 3 regions.

They started by going up to customers and inviting them to learn more about their services. For the first year and a half, Delhivery solicited clients and gave them a free month of service.

Even their first-time customers were urged to take a chance on 30 packages every day, and if they could keep their word, to increase it to 50, and ultimately to whatever number they were comfortable with.

By the end of the year, the business was delivering more than 500 shipments each day to five of its E-commerce clients in the Delhi NCR area. They now had three centres around the Union Territory, and their squad size had expanded to 25.

A fund-raiser from Times Internet Limited marked the start of the company’s 2012, and it was followed by the launch of fulfilment services with more than 10,000 square feet of fulfilment facilities in Chennai and Delhi. At the same time, they also rebranded their collection facilities!

They were now able to manage 75 clients and 53 vendors, expand their service area to 31 locations, clock or process up to 50,000 shipments each month, and dispatch more than 9,000 shipments per day as a result of this huge increase in storage space.

They made a number of modifications to their current IT and physical structure in 2013, more like a modification phase, after receiving suggestions and feedback from their clientele.

Even clients were consulted to make sure they were getting what they required through Delhivery’s IT system, and if anything seemed to be missing, their staff filled it in.

The navigation system’s layout was created by their engineering and technology teams working together.

They also unveiled a number of technologies connected to commerce, including Vendor Panel, Godam, and FALCON.

And by the end of the year, Nexus Venture Partners had contributed $5 Million more to Delhivery’s Series B investment round.

Delhivery currently provides service to more than 175 locations in South Asia, the Middle East, and India. They can now serve more than 800 clients and 25000 vendors, have 12 more fulfilment centres in their network, and can handle more than 250,000 shipments every day.

The company has raised $127.5 million from 5 investors over the course of 4 rounds, with $85 million of that sum arriving in 2015. In less than 4 years, it has grown by 400%.

Despite severe rivalry from businesses like Ecom Express and QuickDel Logistics, Delhivery continues to dominate the market and will also produce massive sales of Rs. 220 crores in 2015.

Even more thrilling to learn is that Delhivery is already breaking even month to month and is expected to achieve full profitability by 2016.

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