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Logistics firm Delhivery bags $125 mn from Lee Fixel's Addition

Logistics firm Delhivery bags $125 mn from Lee Fixel's Addition
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.

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IPO-Bound Delhivery To Acquire Bengaluru-Based Spoton Logistics

IPO-Bound Delhivery To Acquire Bengaluru-Based Spoton Logistics
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.

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Delhivery IPO: Delhivery to list in 6-8 months, expects to raise $500 million via IPO

Synopsis
The Delhivery IPO won’t be delayed beyond March 2022, CEO Sahil Barua says, adding that the supply chain and logistics startup has substantial cash on its balance sheet.
ETtech
Delhivery is the third venture from SoftBank Group Corp’s India portfolio after PolicyBazaar and Paytm that is working towards an IPO in the near term. (Illustration: Rahul Awasthi/ETtech)
Bengaluru | Mumbai:Delhivery, a new-age logistics and supply-chain startup plans to list in India anytime between December 2021 and March 2022, its co-founder and chief executive Sahil Barua has said.
The company joins a group of late-stage homegrown technology firms that are on course to tap the buoyant public markets. Unless there is a severe third wave of Covid-19 affecting market sentiment, Delhivery is unlikely to postpone its initial public offering (IPO) timeline, Barua told ET in an exclusive interview. ....

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[Jobs Roundup] These openings may help you land a role at logistics unicorn Delhivery

Gurugram-based logistics unicorn Delhivery's valuation is expected to rise to over $3 billion after its recent $275 million Series H fundraise. ....

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[Funding alert] Logistics startup Delhivery raises $275M in Series H round

[Funding alert] Logistics startup Delhivery raises $275M in Series H round led by Fidelity Management and Research Company
The fresh capital is ecpected to take logistics startup Delhivery s valuation to more than $3 billion.
26 CLAPS
Gurgaon-based logistics startup
Delhivery on Monday announced that it had raised $275 million in its Series H round led by Boston-headquartered investment firm
Fidelity Management and Research Company. The round also saw participation from other leading public market funds.
With the fresh capital, Delhivery s valuation is expected to rise to over $3 billion, the company said.
Citi acted as the sole financial advisor to Delhivery on this transaction, it stated. ....

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