Delhivery: Delhivery Gets RBI Nod For NBFC Arm To Expand Beyond Logistics

Delhivery on Tuesday said the Reserve Bank of India (RBI) has approved the application for a Certificate of Registration (CoR) for its wholly owned subsidiary, Delhivery Financial Services Private Limited, as a Type II Non-Banking Financial Company-Non-Deposit Taking (NBFC-ND), enabling the company to expand its financial services offerings for its logistics ecosystem.The approval, granted on July 13, is subject to the submission of certain documents to the satisfaction of the RBI, the company said in a regulatory filing.The financial services subsidiary was incorporated in January 2026 after the Delhivery board approved its formation in November 2025 as a dedicated business vertical focused on strengthening the company's logistics network through financial products.According to the company, the subsidiary is intended to reinforce Delhivery's logistics core by enabling access to credit, payment solutions, FASTag aggregation, fuel cards and insurance for truckers, fleet owners, riders and MSMEs. It is designed to function as a financial layer supporting Delhivery's logistics network by leveraging the company's data, reach and partner ecosystem to improve liquidity access, mitigate risks and enhance operational efficiency across the logistics value chain.Delhivery had said it would invest up to ₹12 crore in the wholly owned subsidiary and subscribe to 100 per cent of its share capital.