Private Equity Private Equity Fund Investments
Delhivery to acquire 100% stake in rival Spoton Logistics for $200-M
Gurugram-based, IPO-bound logistics player Delhivery, backed by Carlyle, Softbank, Fedex and Tiger Global Management, is to acquire a 100% stake in Mumbai-based Spoton Logistics for about USD 200 million. The deal will facilitate an exit for Spoton's private equity investors Samara Capital and Xponentia Fund Partners.
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From the Venture Intelligence PE-VC Deal Database: Between Dec-11 and Aug-18, Spoton raised over $94-M from Xponentia Fund Partners, Samara Capital and India Equity Partners. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)