Delhivery Raises $413M Led By SoftBank Vision Fund

Logistics company Delhivery Sunday has announced that it has raised more than $400 million (Rs 2,766.82 crore) in a financing round led by SoftBank Vision Fund. Carlyle and Fosun, both existing investors in Delhivery, have also participated in this round…

Delhivery Becomes India’s First Billion Unicorn In 2019

SoftBank has completed its investment in logistics major Delhivery, having put in about $350 million into the Gurgaon-based company. In the process catapulting it into India’s growing list of startups with billion-dollar valuations. According to documents filed by the company…

SoftBank To Acquire Stakes In Delhivery

The Competition Commission of India (CCI) yesterday revealed that now it has approved the acquisition of 22.44 per cent stake in logistics firm Delhivery by SoftBank Vision Fund. The deal is worth over Rs 3,200 crore, according to reports. According…