SoftBank Reduces Delhivery Stake to 7.61%
Japanese investment giant SoftBank has further reduced its ownership in logistics company Delhivery, bringing its shareholding down to 7.61% after another round of share sales. The latest transaction continues a broader trend of early institutional investors monetising their investments in the Gurugram-based logistics company following its public listing.
The latest disclosure comes just days after Alpha Wave Ventures exited its investment in Delhivery and Nexus Venture Partners continued trimming its position through multiple block deals.
Background
SoftBank has been one of Delhivery's largest institutional investors for several years through it
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