India: SoftBank-backed Delhivery plans IPO over next 12-18 months

India: SoftBank-backed Delhivery plans IPO over next 12-18 months

Visual from Delhivery website

SoftBank-backed logistics unicorn Delhivery Pvt. Ltd is planning an initial public offering (IPO) in 12-18 months, a top executive said, joining a list of Indian startups looking to raise money and pave exits for their investors. The Gurugram-based company is waiting for upcoming rules on foreign listing but would prefer to list in India, chief business officer Sandeep Barasia said.

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