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Corporation
hermesnetwork.in

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Investments

1

Portfolio Exits

1

About Hermes

Hermes is India's No. 1 Retail Assisted E-Commerce network with more than 100000 locations across India and more than 11000 locations on the Philippines. Hermes retail points provide services such as money transfer, bill payments for e-commerce and utilities, travel and insurance payments, and many more. By combining technology and an agent-assisted service delivery model spread across two countries, Hermes has built a unique platform to efficiently deliver a wide range of commerce offerings and financial services in rural and urban areas.

Hermes Headquarter Location

No:C-9, T.V.K. Industrial Estate Guindy

Chennai, 600 032,

India

+91 44 66706000

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Latest Hermes News

Evri warehouse: Leader defends giving green light to huge warehouse by saying people need jobs to get out of poverty

May 27, 2022

Barnsley Council’s new deputy leader has defended the council’s decision to grant permission for a Hermes warehouse in Hoyland following criticism of the scheme. By Danielle Andrews Friday, 27th May 2022, 12:56 pm Parcel giant Hermes, now renamed Evri , announced last year that 1,400 jobs will be created when it opens its £60 million “colossus” hub in Hoyland this year. In April 2021, protesters planted a tree at the site of the the 363,000sq ft facility, named colossus, which will process up to 1.3 million parcels a day. Sign up to our daily newsletter Sign up Submitting... Protesters at the time said the “destruction of the countryside” was “appalling”. The planned Evri site in Barnsley During a full council meeting at Barnsley town hall deputy leader and councillor for Rockingham, councillor Chris Lamb, said “Myself and my other ward colleagues received a great deal of personal criticism in terms of the Hermes development. “And for many, many months as that development was ongoing, there was accusations of all sorts of unpleasantry – however…..of course, everybody has the right to comment, everybody has the right to their views. “Those sorts of jobs have never been available in Rockingham Ward up to this point,” he added. Sir Steve Houghton CBE, leader of the council added: “The way out of poverty, the way to give you and your family a better future is to have a job. More important is to have a better paid and a well paid job. “We won’t get his borough into a place that we need it to be if we do not have those employment sites. You cannot build a borough on a benefits system. You have to build it on people in work. “That begins by a good education system to underpin it, so people can be the best they can be, and access the opportunities. “Barnsley’s jobs historically were underground – we do not have the benefit, and it’s not a benefit, places like Sheffield and others did when their industries collapsed they were left with massive brownfield sites that could be rebuilt. “That was not the case in Barnsley. The challenge for us over the last 20 years has always been continuously to find sites, and those are difficult, and they are not always welcomed and I understand that. “But if we don’t make those changes, then the reality is, it will be more food banks, it will be more poverty, it will be more benefit advisors. “We’ve been criticised for it, but we cannot steer ourselves away from that major objective.”

Hermes Investments

1 Investments

Hermes has made 1 investments. Their latest investment was in Zuver as part of their Seed on May 5, 2016.

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Hermes Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/3/2016

Seed

Zuver

$0.18M

Yes

5

Date

5/3/2016

Round

Seed

Company

Zuver

Amount

$0.18M

New?

Yes

Co-Investors

Sources

5

Hermes Portfolio Exits

1 Portfolio Exit

Hermes has 1 portfolio exit. Their latest portfolio exit was Zuver on July 12, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/12/2017

Acquired

2

Date

7/12/2017

Exit

Acquired

Companies

Valuation

Acquirer

Sources

2

Hermes Team

1 Team Member

Hermes has 1 team member, including current Managing Director, Viviane Reichert-Brown.

Name

Work History

Title

Status

Viviane Reichert-Brown

Managing Director

Current

Name

Viviane Reichert-Brown

Work History

Title

Managing Director

Status

Current

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