Indian logistics giant Delhivery raises $277 million ahead of IPO – TechCrunch
Delhivery, Indias largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year.
In a regulatory filing, the Gurgaon-headquartered startup disclosed it had raised $277 million in a round led by Boston-headquartered investment firm Fidelity. Singapores sovereign wealth fund GIC, Abu Dhabis Chimera, and UK’s Baillie Gifford also participated in the new round, a name of which the startup didn’t…
