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CleverTap vs Delhivery AI

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Delhivery AI is valued at $3.5B — more than 3x CleverTap's $775M.

Head-to-Head Verdict

Delhivery AI leads on 5 of 5 metrics

CleverTap

0 wins

-Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Delhivery AI

5 wins

+Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
$775M
$3.5B
Total Funding
$303M
$1.3B
Awaira Score
65/100
90/100
Employees
450
5000+
Founded
2013
2011
Stage
Series D
Public
CleverTapDelhivery AI
CleverTap logo
CleverTap

🇮🇳 India · Sunil Thomas

Series DEnterprise AIEst. 2013

Valuation

$775M

Total Funding

$303M

Awaira Score65/100

450 employees

Full CleverTap Profile →
Winner
Delhivery AI logo
Delhivery AI

🇮🇳 India · Sahil Barua

PublicEnterprise AIEst. 2011

Valuation

$3.5B

Total Funding

$1.3B

Awaira Score90/100

5000+ employees

Full Delhivery AI Profile →
Market Context

CleverTap and Delhivery AI are both Enterprise AI companies based in India, making this a direct domestic rivalry. The stage gap — CleverTap at Series D vs Delhivery AI at Public — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Enterprise AI remains a contested market, with CleverTap and Delhivery AI among its most prominent entrants. CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes.

Funding & Valuation

Delhivery AI is valued at $3.5B, putting it 4.5x ahead of CleverTap ($775M). Capital raised tells a clear story: Delhivery AI at $1.3B versus CleverTap at $303M — a $947M difference.

Growth Stage

The founding gap is narrow: Delhivery AI in 2011 versus CleverTap in 2013. Growth stages differ: CleverTap (Series D) versus Delhivery AI (Public), a distinction that matters for both deal structure and competitive positioning. Team sizes also differ: CleverTap employs 450 people versus Delhivery AI's 5000+.

Geography & Outlook

Both companies are headquartered in 🇮🇳 India, competing for the same regional talent pool and customer base. On Awaira's 0-100 scale, Delhivery AI leads decisively at 90 compared to CleverTap's 65. CleverTap, led by Sunil Thomas, and Delhivery AI, led by Sahil Barua, each bring distinct leadership visions to the AI sector.

Funding Velocity

CleverTap

Total Rounds4
Avg. Round Size$42.5M
Funding Span8.6 yrs

Delhivery AI

Total Rounds5
Avg. Round Size$250M
Funding Span5.3 yrs

Funding History

CleverTap has completed 4 funding rounds, while Delhivery AI has gone through 5. CleverTap's most recent round was a Series D of $105M, compared to Delhivery AI's Series D ($500M). CleverTap is at Series D while Delhivery AI is at Public — different points in their growth trajectory.

Team & Scale

Delhivery AI has the bigger team at roughly 5000+ people — 11x the size of CleverTap's 450. They're close in age — CleverTap started in 2013 and Delhivery AI in 2011. Both are based in India.

Metrics Comparison

MetricCleverTapDelhivery AI
💰Valuation
$775M
$3.5BWINS
📈Total Funding
$303M
$1.3BWINS
📅Founded
2013WINS
2011
🚀Stage
Series D
Public
👥Employees
450
5000+
🌍Country
India
India
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
65
90WINS

Key Differences

💰

Valuation gap: Delhivery AI is valued 4.5x higher ($3.5B vs $775M)

📈

Funding gap: Delhivery AI has raised $947M more ($1.3B vs $303M)

📅

Market experience: Delhivery AI has 2 years more (founded 2011 vs 2013)

🚀

Growth stage: CleverTap is at Series D vs Delhivery AI at Public

👥

Team size: CleverTap has 450 employees vs Delhivery AI's 5000+

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Delhivery AI scores 90/100 vs CleverTap's 65/100

Which Should You Choose?

Use these signals to make the right call

CleverTap logo

Choose CleverTap if…

  • CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation
Delhivery AI logo

Choose Delhivery AI if…

Top Pick
  • Higher Awaira Score — 90/100 vs 65/100
  • More established by valuation ($3.5B)
  • Stronger investor backing — raised $1.3B
  • More market experience — founded in 2011
  • Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes

Funding History

CleverTap raised $303M across 4 rounds. Delhivery AI raised $1.3B across 5 rounds.

CleverTap

Series D

Aug 2022

Lead: Tiger Global

$105M

Series C

Jan 2017

$35M

Series B

Jan 2015

Lead: Sequoia Capital India

$20M

Series A

Jan 2014

Lead: Accel

$10M

Delhivery AI

Series D

Oct 2016

$500M

Series C

Jun 2015

$387.5M

Series B

Feb 2014

$225M

Series A

Oct 2012

$100M

Seed

Jun 2011

$37.5M

Investor Comparison

No shared investors detected between these two companies.

Unique to CleverTap

Tiger GlobalSequoia Capital IndiaAccel

Users Also Compare

FAQ — CleverTap vs Delhivery AI

Is CleverTap bigger than Delhivery AI?
By valuation, Delhivery AI is the larger company at $3.5B versus $775M — a 4.5x difference. Size can also be measured by team: CleverTap employs 450 people while Delhivery AI has 5000+ employees.
Which company raised more funding — CleverTap or Delhivery AI?
Delhivery AI has raised more in total funding at $1.3B, compared to CleverTap's $303M — a gap of $947M. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
Delhivery AI leads with an Awaira Score of 90/100, while CleverTap sits at 65/100. That 25-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded CleverTap vs Delhivery AI?
CleverTap was founded by Sunil Thomas in 2013. Delhivery AI was founded by Sahil Barua in 2011. Visit each company's profile on Awaira for a full founder biography.
What does CleverTap do vs Delhivery AI?
CleverTap: CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. The company provides a cloud-based platform enabling businesses to deliver personalized customer experiences across multiple channels including mobile, web, email, and push notifications. CleverTap's core technology uses machine learning and behavioral analytics to segment audiences, predict customer churn, and automate targeted messaging campaigns. The platform combines customer data integration, real-time analytics, and AI-driven engagement tools, allowing enterprises to track user journeys and optimize conversion funnels. CleverTap serves global clients across e-commerce, financial services, gaming, and SaaS sectors. The company has achieved a $0.8 billion valuation following Series D funding rounds, with total funding reaching $303 million. This positions CleverTap among India's most well-funded enterprise AI companies. Competitively, CleverTap operates in the customer data platform and marketing automation space, competing with players like Segment, mParticle, and established marketing cloud providers. The company's differentiation centers on real-time personalization capabilities and mobile-first approach. CleverTap demonstrates consistent growth trajectory through enterprise customer expansion and platform feature development, having established offices across multiple continents including North America, Europe, and Asia-Pacific. CleverTap combines customer data platform functionality with AI-powered engagement automation, distinctly positioning itself for mobile-first markets and emerging economies. Delhivery AI: Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes. The company's AI systems optimize route planning, dynamic pricing, capacity allocation, and network design across millions of daily shipments.\n\nListed on the NSE and BSE, Delhivery raised over $1B in equity funding prior to its IPO and commands a market capitalization reflecting its position as India's dominant third-party logistics provider. The company serves thousands of direct e-commerce, retail, and enterprise clients and processes hundreds of millions of shipments annually.\n\nDelhivery's scale in Indian logistics creates a data advantage that compounds — each additional shipment improves the AI models that drive route optimization, delivery time prediction, and network capacity planning. As Indian e-commerce continues to expand and logistics infrastructure investment intensifies, Delhivery's technology platform and network scale position it as the default logistics intelligence layer for the Indian supply chain. Delhivery AI operates in the Enterprise AI sector and is headquartered in India. Founded in 2011 by Sahil Barua, Delhivery AI has raised $1.3B in total funding, achieving a valuation of $3.5B as of its latest round. The company's funding journey includes a Seed of $37.5M in 2011, a Series A of $100M in 2012, a Series B of $225M in 2014, a Series C of $387.5M in 2015, a Series D of $500M in 2016. With approximately 5000+ employees, Delhivery AI has established itself as a Public-stage player in the Enterprise AI market. The company holds an Awaira Score of 90/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Delhivery AI competes in a rapidly evolving segment alongside other Enterprise AI companies. As part of India's growing AI ecosystem, Delhivery AI is positioned to capitalize on the region's expanding tech talent pool and enterprise demand. The Enterprise AI space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions.
Which company was founded first?
Delhivery AI got there first, launching in 2011 — that's 2 years of extra runway. CleverTap didn't arrive until 2013. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
CleverTap has about 450 employees; Delhivery AI has about 5000+. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are CleverTap and Delhivery AI competitors?
Yes — they're direct rivals. Both CleverTap and Delhivery AI compete in Enterprise AI, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Delhivery AI has a clear lead here — Awaira Score of 90 vs CleverTap's 65. The difference comes down to funding depth and team scale.

Who Should You Watch?

Delhivery AI is in the stronger position — better score and deeper pockets. But CleverTap has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive