$800 million to be raised by Delhivery through IPO release
Thu, Feb 11, 2021 10:21 AM

$800 million to be raised by Delhivery through IPO release

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Delhivery is planning to raise up to $800 million through an initial public offering (IPO) that might value the company at $3.2-4 billion. The supply chain services company is in talks with several banks, such as Kotak Mahindra Capital Company, Morgan Stanley, Citi, ICICI Securities, JP Morgan, and Bank of America. Earlier, in 2019, Delhivery raised $415 million in a Series F funding.

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