Softbank's $350 million cheque makes Delhivery the latest unicorn in Indian startup scene

Softbanks $350 million cheque makes Delhivery the latest unicorn in Indian startup scene

  • SoftBank Group Corp Chairman and CEO Masayoshi Son attends a news conference in Tokyo, Japan, February 8, 2017.
  • Reuters file A $413 million cheque from a consortium of investors led by Softbank Vision Fund has propelled logistics start-up Delhivery into the billion-dollar club.
  • "We will be scaling our warehousing and freight operations, investing in building large multi-tenant fulfilment centres, integrated with our parcel and freight transportation networks," Delhivery CEO Sahil Barua told various media portals.
  • The start-up provides the full suite of logistics services, including, express parcel transportation, LTL and FTL freight, reverse logistics, cross-border, B2B & B2C warehousing and technology services.


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