Private Equity

Liquidity Events

Carlyle exits Delhivery by selling shares worth Rs.710 Cr; registers 2.74x return

Stock Exchange Data   Venture Intelligence Research  

Private Equity investor Carlyle Group has sold its residual 2.53% stake in publicly listed E-Commerce logistics company Delhivery Ltd. realizing INR 709.50 crore. The sale marks a complete exit for Carlyle from its over 6-year-old investment, with a 2.74x return.

From the Venture Intelligence PE-VC Deal Database: In Mar 2017, Carlyle had invested INR 537.02 Cr in Delhivery. In Jan 2019, it invested additional INR 317.19 Cr in the company. The company went public in May 2022 at INR 487 per share and Carlyle had made a part exit as part of the IPO.