Supply chain company preparing to raise money:Announcement of Delhivery; IPO to be launched in next 12-15 months
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Supply chain Delhivery said on Tuesday that it was preparing to launch an initial public offering (IPO) in the next 12-15 months. The company said that Steadview Capital had bought Rs 184 crore ($ 25 million) from the secondary stock market from one of its initial investors. However, the logistics firm did not name the investor.

The company raised $ 400 million fund

Last year, Delhii announced to raise Rs 2,776.82 crore ($ 400 million) from the Softwank Vision Fund. Sahil Barua, founder and CEO of Delhihi said in a statement, "Steadview is a long-term investor and will be a key role as we prepare to move towards a public issue in the next 12-15 months."

Logistics service in 2,300 cities

Explain that Delhi provides logistics services in 2,300 cities such as Express Parcel Transportation, LTL and FTL Freight, Reverse Logistics, Cross Border, B2B (B2B) and B2C, Warehousing and Technology Services.

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