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Delhivery Valued at $1.5b in SoftBank-Led Round: Times of India

Softbank led a $413 million financing round in e-commerce logistics platform Delhivery.

Lee Spears

(Bloomberg) -- Softbank led a $413m financing round in e-commerce logistics platform Delhivery, valuing the company at $1.5b, Times of India reported, citing people familiar.

  • Delhivery has raised a total of about $675 including this round
  • Early backers Multiple and Nexus Venture Partners plan to sell shares worth about $150m in a secondary sale

©2019 Bloomberg L.P.

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