Liquidity Events
SoftBank sells 2.5% stake in logistics firm Delhivery for Rs.739-Cr
SVF Doorbell, an investment arm of Softbank, has sold 2.49% stake in publicly-listed logistics firm Delhivery for INR 739 crore via block deals. It sold 18.3 million shares at INR 404 a piece. As of September 2023, the SoftBank arm had held a 14.46% stake in Delhivery. In March, SVF had sold a 3.85% stake in Delhivery at INR 340.8 apiece to realise INR 954 crore.
From the Venture Intelligence PE-VC Deal Database: SoftBank has been an investor in Delhivery since Jan 2019. The company went public in May 22, as part of which, SoftBank had made a part exit. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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