“Logistics startup, Delhivery has raised $413 million in its latest round of equity financing led by SoftBank’s Vision Fund, the Gurgaon-based company announced on Sunday. The transaction has also seen participation from Delhivery’s existing investors, bulge-bracket private equity firm Carlyle Group and Chinese conglomerate Fosun. The financing round is likely to value the company at about $1.5 billion, post-money, sources in the know of the deal details said,” reported Economic Times.

Samvad Partners advised Delhivery Private Limited led by a team of partner Ashwini Vittalachar; partner Aparna Ravi; associate Niharika Dubey and others.

AZB & Partners advised SoftBank, led by partners Vinati Kastia and Daksh Trivedi, senior associate Anant Dang, and associate Srishti Goyal.

International firm Clifford Chance acted for major global private equity player Carlyle.

L&L Partners advised Carlyle Asia Partners led by a team of partner Samir Dudhoria and associate Arsh Khan.

2019-03-01

Deal value: USD 413 million

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