Venture Intelligence (TSJ Media Pvt. Ltd.)
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Tiger Global sells remaining stake in logistics co Delhivery for Rs.388-Cr
Tiger Global, through its investment firm Internet Fund III, sold its remaining 1.17 crore shares in listed logistics and supply chain company Delhivery for nearly INR 388 crore. The shares were sold at INR 330 apiece.
From the Venture Intelligence PE-VC Deal Database: In May 2015, Tiger Global invested INR 305.40 Cr in Delhivery. Subsequently it invested more. The company went public in May 2022 at INR 487 per share. Tiger had been making part exits since March 2019, including 2 part stake sales via the public markets in February and March 2023. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.