Guess, who will gain the most in Delhivery IPO? (Hint: it’s not SoftBank)
Delhivery uses its own trucks and third-party fleet operators to cater to over 21,000 customers. Photo credit: Delhivery/Facebook
US-based private equity firm Carlyle, Japanese technology sector investment behemoth SoftBank and China’s Fosun are poised to harvest big sums as logistics company Delhivery looks to float a $1-billion initial public offering (IPO). However, it’s a homegrown private equity-style investor who will generate the most returns on its bet by […]
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