Delhivery in talks to raise $250 million from SoftBank

Gurugram-based startup Delhivery is in talks with Japan's SoftBank to raise $200-250 million in funding. The funding will be led via the Masayoshi Son-led SoftBank Vision Fund at a post-money valuation of around $1.2 billion. Founded in 2011, the e-commerce logistics delivery platform counts Nexus Venture Partners, Tiger Global Management among its investors.