delhivery
Nexus Venture Partners Sells 1.06% Stake in Delhivery for Over INR 344 Cr
Nexus Ventures III owned 7% of the Gurugram-based integrated third-party logistics service provider at the end of the June quarter.
Welspun One Targets New Age Warehousing with Second Fund's INR 2,275 Cr Raise
Fund 2 has already committed nearly 40% of its investible capital across four investments. It expects to commit the remaining capital over the next 3–4 quarters.
Avendus Launches Future Leaders Fund III with a Target AUM of USD 350 Mn
The Mumbai-based fund plans to make 10–12 investments with an average allocation of INR 200–300 crore per investment, targeting sectors such as financial services, consumption, digital and technology, healthcare, and manufacturing.
Delhivery To Make a Strategic Investment In Vinculum
The investment is the first part of a potential 2-stage deal that provides Delhivery the option to further increase its shareholding in the company after six months
Delhivery Is Now Live On ONDC
The company reportedly said that it had successfully integrated with sellers and was ready to begin intercity express parcel movement, catering to over 18,400 pin codes in the country
Trends in India and South-East Asia start-up ecosystems
IPO-bound Delhivery Raises $277 Mn From Fidelity, GIC & Others
The ten-year-old logistics startup's valuation has soared to $3 billion
Funding Friday: 2019 Gets Its First Unicorn & Paytm Money Raises Funding From Its Parent
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