Breaking NewsIndian BeehiveNews

Delhivery raises USD 277 million from investors led by Fidelity

Logistics company Delhivery has raised nearly $277 million (Rs 2008.6 crore) from a group of investors led by US investment firm Fidelity.

Singapore sovereign wealth fund GIC, which invested through its unit Gamnat Pte, Abu Dhabi based private investment firm Chimera Investment LLC and UK’s Baillie Gifford, which invested through Pacific Horizon Investment Trust, participated in the round, regulatory filings showed.

Delhivery parent company Delhivery Private Limited issued 5.63 lakh Series H preference shares, according to the filings. Fidelity invested Rs 913.01 crore through multiple entities in the round.

SHARE

Related Articles

Back to top button