Support and Resistance Levels
Past performance
About Digidrive Distributors Ltd Digidrive Distributors Limited, established in March 2022, is a master distributor for retailing goods across digital marketplaces, focusing primarily on e-commerce. A key product in its offerings is Carvaan, a digital music player supplied by Saregama India Limited. The company offers scalable online storefront solutions, integrating mobile applications, digital catalogs, content management, and access to payment gateways and fulfillment services. This platform facilitates merchants' access to customers across multiple sales channels, enhancing marketing and distribution efficiency.
Part of the RP-Sanjiv Goenka Group, Digidrive benefits from synergies within a conglomerate involved in diverse industries such as power, FMCG, and media. The company's subsidiary, Open Media Network, publishes a weekly magazine, 'OPEN'. In 2023, following a Scheme of Arrangement, the e-commerce distribution business of Saregama India Limited was demerged into Digidrive, further expanding its distribution capabilities.