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TVS Logistics And GATI In Talks To Acquire Snapdeal’s Vulcan Express

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TVS Logistics And GATI To Acquire Snapdeal Vulcan Express,Startup Stories,Startup Stories India,Inspirational Stories,Latest Business News 2017,TVS Logistics,India Largest Courier Service GATI,Snapdeal Vulcan Express,Freecharge CEO Jason Kothari

Chennai based TVS Logistics and India’s largest courier service GATI, along with Peepul Capital are in talks with the ecommerce firm Snapdeal to acquire their in-house logistics arm Vulcan Capital.  The global professional services firm Alvarez and Marsal will advise the company on the sale and the potential acquisition could be routed by one of the Indian portfolio companies of Warburg Pincus, a global private equity major. 

Many reports claim that Snapdeal is expecting Vulcan Express to fetch Rs. 90 crores to Rs 120 crores from this acquisition, which is expected to take place over the next 60 days. FreeCharge’s newly appointed CEO Jason Kothari, who will preside over the Vulcan transaction said they were not surprised by the high level of interest they were seeing for the acquisition of Vulcan. He also added that the Vulcan team was achieving one of the highest levels of efficiency and service levels in the e-commerce logistics space.  

Vulcan Express was founded in 2013 after Snapdeal discontinued its contract with third-party ecommerce logistics player GoJavas. Vulcan became the end to end logistics and supply-chain solution for managing Snapdeal’s shipments. Their services now include transportation, warehouse management, line haul, last-minute distribution, quality control, inventory tracking as well as reverse logistics.

This news comes after Mumbai headquartered Axis Bank showed interest in buying FreeCharge, the digital payments platform owned by Snapdeal. Meanwhile, Snapdeal rejected the initial acquisition  $700-800 million buyout offer made by Flipkart. It is also expected that homegrown ecommerce giant Flipkart might also separately bid for the logistics unit.

Jasper Infotech, Vulcan’s parent company invested $ 3.75 million in Vulcan in 2015. In August 2016, they opened six new hubs in Delhi NCR, Lucknow, Hyderabad and Kolkata and planned to expand to 80 major cities in 2017.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

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Zepto Delays IPO to Focus on Profitability and Indian Ownership

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Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

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