Asset manager Steadview has bought $25m of shares in the logistics provider, which counts SoftBank, Fosun and Bennett Coleman & Co as investors.
Alternative asset management firm Steadview Capital has made a $25m secondary investment in Delhivery, the India-based logistics service provider backed by corporates SoftBank, Fosun and Bennett Coleman & Co, VCCircle reported yesterday.
Delhivery provides delivery, warehousing, freight and logistics technology services for both business and consumer-focused retailers. The news was disclosed in a statement that did not reveal the identity of any selling investors.
Delhivery had raised a total of $783m as of a $115m investment by pension manager…
