Delhivery
Infrastructure
StanChart PE-backed Redington acquires logistics company
Redington (India) Ltd, a distributor of technology and electronics products including Apple iPhones, has acquired a 90% stake in Auroma ......
TMT
SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club
Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around Rs ......
TMT
SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery
The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ......
TMT
InnoVen offers venture debt to Alibaba-backed Xpressbees
Xpressbees, the Alibaba Group-backed e-commerce logistics company, has raised Rs 35 crore ($5 million) in venture debt from InnoVen Capital. The ......
TMT
SoftBank Vision Fund to pick up 38% stake in Delhivery in latest India bet
Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed investment into ......
Infrastructure
Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics
Saurashtra Freight Pvt. Ltd has charted out an inorganic growth strategy, two people privy to the development told VCCircle, as ......
General
SoftBank may bet on Delhivery; five firms show interest in Jaypee Infratech
Japanese internet conglomerate SoftBank Group Corp is in advanced negotiations to invest about $450 million in logistics firm Delhivery, The ......
General
SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again
Japanese firm SoftBank Group Corp's Vision Fund is in talks to invest $200-250 million (Rs 1,475-1,844 crore) in e-commerce logistics ......
Infrastructure
Aavishkaar-backed logistics firm Connect India gets funding from angel investors
Logistics company Connect India E-commerce Services Pvt. Ltd has raised funding from a few wealthy individuals, two people privy to ......
TMT
MSDF pumps fresh capital into logistics marketplace Blowhorn
Global philanthropic organisation Michael and Susan Dell Foundation (MSDF) has infused Rs 5 crore ($711,440 at current exchange rates) of ......