NEW DELHI: Delhivery, end-to-end eCommerce solutions firm, today said it has raised $35 million (about 211 crore) from a group of investors led by private equity firm Multiples Alternate Asset Management.

Existing investors, Nexus Venture Partners and Times Internet Ltd, also participated in the round, the company said in a statement.

"This round of (Series C) financing will be used to invest extensively in our growing portfolio of commerce technologies and towards expanding our logistics infrastructure, fulfilment and transportation services" Delhivery co-founder and CEO Sahil Barua said.

Delhivery had raised Series A round from Times Internet Ltd in April 2012 and Series B from Times Internet and Nexus Venture Partners in September 2013. The firm did not reveal the amount raised in these two rounds.

The company also plans to expand its network to over 250 cities by the end of this calendar year from the present more than 180 cities, he added.

The company expects to double volumes by the end of the financial year.

Delhivery provides a range of products and services for eCommerce firms including online channel integration services, strategic sourcing, catalogue management, inventory management and analytics along with multi-city fulfilment, express transportation and reverse logistics.

Starting as a transportation services provider in 2011, Delhivery has grown into a team of over 4,000 employees. It handles over 70,000 transactions for more than 25,000 merchants, 800 e-commerce companies and 80 offline retailers across its network.