Private Equity

Liquidity Events

SoftBank sells Delhivery shares worth Rs.954-Cr; registers 1.78x return

Stock Exchange Data  

SoftBank Corp has sold a 3.85% stake in publicly-listed Delhivery realising INR 954.24 crore. Post the sale, the investor would hold a 14.57% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Jan 2019, SoftBank invested INR 2,448.99 crore in Delhivery. In Nov 2019, it invested additional INR 328.95 crore in the company. Delhivery went public in May 2022 as part of which SoftBank had made a part exit.