SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.
India-based e-commerce logistics provider Delhivery has collected $395m in a series F round led by SoftBank Vision Fund, the near-$100bn vehicle managed by telecommunications group SoftBank, the Economic Times reported today.
Diversified conglomerate Fosun Intenational and CA Swift Investments, a unit of private equity firm Carlyle Group, also contributed to the series F round. Vision Fund committed $350m and now owns a 23.4% stake in Delhivery, which is valued at $1.6bn.
Founded in 2011, Delhivery provides end-to-end supply chain services…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
