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Delhivery Ltd has launched 'LocateOne', a location intelligence solution, as part of its expansion of software offerings on the OS1 platform. LocateOne aims to improve address data accuracy, rooftop accuracy, and reduce address fraud in industries such as retail, eCommerce, and fintech. Delhivery's first solution on the OS1 platform was 'DispatchOne', a delivery management solution. The company's Chief Technology Officer, Kapil Bharati, stated that OS1 is an opportunity for businesses to achieve operational excellence. Delhivery has narrowed its net loss and seen revenue growth in the Q1 FY24.
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