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Delhivery IPO: IPO-bound Delhivery sees exit of two co-founders
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IPO-bound Delhivery sees exit of 2 co-founders
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Delhivery appoints Pooja Gupta as its Chief People Officer
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Delhivery Targets $4 Bn Valuation Through IPO This Year
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Delhivery provides a full suite of logistics services
In FY20 Delhivery managed to cut its loss 6.8x, from INR 1,781 Cr in FY19 to INR 284.13 Cr in FY20
Logistics unicorn Delhivery, which is expected to go for an initial public offering (IPO) this year at a valuation of $3.2-4 Bn, is reportedly planning to raise $800 Mn through the public listing.
In 2021, the stock markets have rebounded after a slow 2020 and are witnessing record-high levels of growth. The company is said to be in talks with several bankers such as Kotak MahindraCapital Company, Morgan Stanley, Citi, ICICISecurities, JP Morgan and Bank of America for the IPO.