Delhivery gets $100 million from FedEx subsidiary ahead of IPO

Delhivery had raised $277 million from US-based Fidelity Investments and Singapore’s GIC at a valuation of about $3 billion. The logistics startup is planning an initial public offering (IPO) in early 2022, its cofounder Sahil Barua has said.

from Tech-Economic Times https://ift.tt/2UOETqH