Delhivery's volume is getting affected due to insourcing by Meesho's Valmo

Delhivery doesn't want to unpack its services and list itself in Meesho's Valmo.

So Delhivery's volumes are getting affected.

Other ecomm players are getting hit due to Meesho's Valmo which is their home grown logistics arm. The cost per parcel is lesser in Valmo compared to other 3PL players.

Valmo is aiming to handle 50% of Meesho's deliveries with plans to increase more.

https://inc42.com/buzz/delhivery-shares-slip-3-ahead-of-q3-results/

https://www.thearcweb.com/article/meesho-logistics-delhivery-xpressbees-valmo-Qd0aDwr4UzFzLmTE