Liquidity Events
Nexus Venture Partners sells stake worth Rs.186-Cr in logistics co. Delhivery
Nexus Venture Partners, via two of its units, has sold 40 lakh shares (equivalent to a 0.53 percent stake) of publicly listed, Gurugram-headquartered logistics player Delhivery realising INR 186 crore on April 15. While Nexus Opportunity Fund sold 5.37 lakh shares realising INR 25.01 crore, Nexus Ventures III offloaded 34.62 lakh shares realising INR 160.98 crore.This is the second time Nexus is selling Delhivery shares this month. On April 8, Nexus had offloaded a 1.6 percent stake.
Nexus Venture Partners first invested in Delhivery as part of the Series B round in Aug 2013 and had invested until Series D in Oct 2016.For FY25, Delhivery had reported about INR 8,252 Cr in Operating Income and about INR 113 Cr in PAT.
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