Logistics tech company likely to be valued at $6.5 billion post listing

The issue is likely to include both primary and secondary share sales as some of the existing investors are expected to clock partial exits...

Ex-JPMorgan Kalpana Morparia, former IndusInd Bank CEO Romesh Sobti, and Marico MD Saugata Gupta have joined Delhivery’s board of directors...

According to the regulatory filings sourced through business intelligence platform Tofler, Delhivery Private Ltd has become Delhivery Ltd.

The company, backed by SoftBank Vision Fund and Carlyle Group Inc, is looking to raise nearly $1 billion through a planned initial public o...

Scotland's Ballie Gifford and Abu-Dhabi investor also join new round ahead of IPO

Rezo.ai, an AI startup that automates customer support, will use the seed funding from its investors Modulor Capital, Dexter Angel Network,...

Delhivery is currently in talks with marquee global investors to raise a pre-IPO round at a valuation of around $3 billion

The two co-founders have also been 'reclassified' as 'retiring/non-active promoters' for their stake in Delhivery.

Steadview Capital's investment will play a key role in taking the Delhivery public in the next 12-15 months, founder-CEO Sahil Barua said.

The $100 billion fund started by SoftBank’s Japanese billionaire founder, Masayoshi Son, is evaluating Delhivery at a post-money valuation ...

With Indian sweets and savouries market pegged at Rs 50,000 crore and a promising $30 billion export food market, Food Memories is placed t...

In under half a decade, Delhivery has acquired one of the biggest investments in the logistics market in India, multiplying its job potenti...

Delhivery aims to now create technology solutions for merchants, help them list on online marketplaces and develop point-of-sale systems.

The new capital, when raised, is expected to help Delhivery in introducing new products and services as well as expand into new geographies.

Online industry is beginning to face multiple pressures of high attrition, rising salaries and a potential dearth of feet on the ground.

Logistics in India is still far from being able to keep pace with the rapid strides of ecommerce giants and online firms that arrange deliv...