Delhivery aims for pre-IPO funding at $3bn valuation

New-age logistics major Delhivery is in talks with multiple global investors, including US-based Fidelity, for funding before its initial public offer (IPO) that would value the startup at around $3 billion, two people aware of the matter said. Delhivery was valued at a little over $2 billion after the secondary investment from Steadview Capital in December 2020, the sources added. This indicates an almost 50% higher valuation for the SoftBank-backed Delhivery in about three months...
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