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Delhivery issues shares worth over Rs 155 cr to 312 employees; clocks Rs 3,500 cr operating revenue in FY21

Delhivery issues shares worth over Rs 155 cr to 312 employees; clocks Rs 3,500 cr operating revenue in FY21

27 Oct 2021

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Delhivery issues shares worth over Rs 155 cr to 312 employees; clocks Rs 3,500 cr operating revenue in FY21

Credit: 123RF.com

Market-bound logistics unicorn start-up Delhivery Ltd. has issued about 40 lakh shares to 312 employees, worth over Rs.155 crore (about $21 million) as per the company’s last valuation round, according to VCCircle's estimates from the review of the company's regulatory filings. The largest beneficiary of this allotment is Amit Prakash Ambasta, ......