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Delhivery raises $277 million led by Fidelity ahead of its IPO
short by Hiral Goyal / on Monday, 31 May, 2021
Gurugram-based logistics startup Delhivery has raised $277 million in a new financing round ahead of its expected IPO. The latest round was led by Fidelity Investments and also saw participation from Singapore's sovereign wealth fund GIC, Abu Dhabi-based fund Chimera, and UK's Baillie Gifford, regulatory filings revealed. Delhivery, which was founded 10 years ago, is now valued at $3 billion.
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