Multiples sells 10% stake in Delhivery

Private equity fund Multiples Alternate Asset Management, has sold about a 10% stake in logistics firm SSN Logistics, which operates Delhivery to Tiger Global. “We have done a partial exit by selling our stake to Tiger Global and have clocked returns of six times from our entry valuation,” said Prakash Nene, Managing Director of Multiples.

Load More