SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery
Around 1.8 crore shares of Delhivery changed hands at Rs 403 per share.
Around 1.8 crore shares of Delhivery changed hands at Rs 403 per share.
Delhivery, which has a nationwide network covering over 19,400 pin codes, provides a full suite of logistics services such as express parcel transportation
FedEx will transfer certain assets pertaining to its domestic business in India to Delhivery.
Delhivery, a leading fulfilment platform for digital commerce, has raised about $1.23 billion to date.
In 2019, Delhivery had announced raising more than $400 million (Rs 2,766.82 crore) in a financing round led by SoftBank Vision Fund. Its investors also include Carlyle Group and others.
