Valmo has reportedly overtaken Delhivery in quarterly online order volumes, marking a significant shift in India’s e-commerce logistics landscape. Industry reports suggest that Valmo processed more orders than Delhivery during Q2 2025.
This milestone comes as part of a broader trend where Meesho — Valmo’s parent company — increasingly handles its deliveries through its in-house logistics arm instead of relying on external 3PL providers
Why Valmo Is Gaining Ground — Key Drivers Behind the Surge
- Increased insourcing by Meesho: Valmo’s share of Meesho’s shipment volumes rose rapidly — from around 30% in early 2024 to a much higher share in 2025 — significantly boosting its total handled orders.
- Cost and efficiency advantage: Reports indicate Valmo’s asset-light, aggregator-based model has allowed it to reduce fulfillment costs — making it more economically viable for high-volume, low-average-order-value e-commerce shipments.
- Changing dynamics in 3PL business: As major e-commerce players like Meesho internalize logistics, third-party logistics firms such as Delhivery are facing pressure — shrinking their e-commerce volumes while shifting toward freight, PTL (part-truck load), and hyperlocal services.
What This Means — For E-commerce, Logistics Firms, and Consumers
- For the logistics sector: The rise of Valmo highlights a major shift — captive or in-house logistics is gaining prominence, which may force traditional 3PL players to rethink business models or diversify services beyond e-commerce parcel delivery.
- For Delhivery and other 3PL firms: Losing volume to in-house arms like Valmo may pressure margins. These firms may increasingly focus on freight, B2B logistics, rapid commerce, or hyperlocal delivery rather than pure B2C e-commerce shipments. The Economic Times
- For e-commerce platforms & sellers: Platforms backing in-house logistics (like Meesho) or aggregators like Valmo could potentially offer better control over delivery timelines and cost — which could translate to faster delivery and lower shipping costs for sellers and buyers.
- For consumers: The shift may raise delivery reliability, reduce cancellation or return issues, and possibly lower shipping costs — especially for value-conscious buyers in smaller towns and non-metros.
What to Watch Next — Uncertainty & Risks Ahead
- Can Valmo sustain the growth? While Valmo’s rise is impressive, scaling logistics across India — with varied geography, pin-codes, and infrastructure — remains a challenge. Keeping service quality high as volumes grow will be key.
- Will other e-commerce players follow? If major platforms begin internalising more logistics, the 3PL sector could shrink further. The extent of this shift will shape the future of India’s logistics market.
- Impact on margins and profitability: For both in-house and third-party arms — as volume and competition change, maintaining cost efficiency and healthy margins will be vital.
- Regulatory and labour implications: A shift in how logistics is organized — from large 3PL firms to many small delivery-partner networks — may raise questions about labour practices, compliance, and delivery standards.
Conclusion
Valmo’s overtaking of Delhivery in online order volumes is a clear signal of a structural shift in India’s e-commerce logistics sector. As platforms increasingly internalise logistics, traditional third-party players are being forced to evolve.
For consumers and sellers, this could mean more efficient, cost-effective, and reliable delivery. For the industry at large, it may mean consolidation, competition on new fronts, and a redefinition of what “logistics” means in India’s booming e-commerce journey.
