Delhivery Executive Director and Chief Business Officer, Sandeep Barasia has resigned after over nine years with the company. Barasia, a long-serving member of the team, played a key role in the company's public offering and served on the Delhivery board. According to Delhivery, Barasia is leaving to pursue other interests.
Before joining Delhivery, Barasia spent ten years at the consultancy firm Bain & Company, where he held the position of partner until 2015. Additionally, the firm also released its fourth-quarter results, revealing a decrease in losses to Rs 69 crore from Rs 159 crore the previous year. Furthermore, there was a 12 per cent increase in revenue from operations, reaching Rs 2,076 crore in the January-March 2024 period, compared to Rs 1,860 crore in the previous year.