Delhivery has received approval from the Reserve Bank of India (RBI) 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), paving the way for the company to expand its financial services offerings across the 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 on Tuesday.
Delhivery incorporated the financial services subsidiary in January 2026, following board approval in November 2025 to establish a dedicated business vertical focused on providing financial solutions to participants across its logistics network.
The company said the NBFC will offer a range of financial products and services, including working capital and vehicle financing, digital payment solutions, FASTag aggregation, fuel cards and insurance, aimed at truckers, fleet owners, delivery partners and micro, small and medium enterprises (MSMEs) operating within the logistics sector.
According to Delhivery, the new subsidiary will function as a financial layer supporting its logistics operations by leveraging the company’s extensive data, technology platform and partner network. The initiative is expected to improve access to credit, enhance liquidity, reduce operational risks and drive greater efficiency across the logistics value chain.
As part of the initiative, Delhivery had earlier announced an investment of up to ₹12 crore in the wholly owned subsidiary by subscribing to 100 per cent of its share capital.
The RBI approval marks a significant step in Delhivery’s strategy to build an integrated logistics ecosystem by combining transportation and supply chain services with embedded financial solutions, enabling greater financial inclusion for logistics stakeholders while strengthening customer and partner engagement.