DTDC

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DTDC Express Limited
DTDC
Company type Private
Industry Courier
Founded1990;35 years ago (1990) [1]
(as DTDC Courier & Cargo Ltd.)
FounderSubhasish Chakraborty [2]
Headquarters Bengaluru, Karnataka, India
Area served
Worldwide
Key people
    • Subhasish Chakraborty (Chairman and Managing Director) [3]
    • Abhishek Chakraborty (Executive Director) [4] [5]
Services
RevenueIncrease2.svg2,022 crore (US$240 million) (FY23) [6]
Decrease2.svg23 crore (US$2.7 million) (FY23) [6]
Number of employees
13,000
Website dtdc.com OOjs UI icon edit-ltr-progressive.svg

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

Contents

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. 1 2 "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.