PE-backed Delhivery files for India IPO
India-based e-commerce logistics provider Delhivery is looking to raise up to INR74.6 billion ($1 billion) through a domestic IPO that would facilitate partial exits for The Carlyle Group, Fosun Group, SoftBank Vision Fund 1, and Times Internet.
It is the latest in a spate of pre-profit start-ups to pursue public listings on local exchanges. The likes of payments players Paytm and Mobikwik, insurance portal PolicyBazaar, and budget hotel platform...
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