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Logistics firm Delhivery bags $125 mn from Lee Fixel's Addition techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Synopsis The Delhivery IPO won’t be delayed beyond March 2022, CEO Sahil Barua says, adding that the supply chain and logistics startup has substantial cash on its balance sheet. ETtech Delhivery is the third venture from SoftBank Group Corp’s India portfolio after PolicyBazaar and Paytm that is working towards an IPO in the near term. (Illustration: Rahul Awasthi/ETtech) Bengaluru | Mumbai:Delhivery, a new-age logistics and supply-chain startup plans to list in India anytime between December 2021 and March 2022, its co-founder and chief executive Sahil Barua has said. The company joins a group of late-stage homegrown technology firms that are on course to tap the buoyant public markets. Unless there is a severe third wave of Covid-19 affecting market sentiment, Delhivery is unlikely to postpone its initial public offering (IPO) timeline, Barua told ET in an exclusive interview. ....
Delhivery is unlikely to postpone the IPO, unless there is a third wave of COVID-19 pandemic which affects market sentiment, Delhivery co-founder and CEO Sahil Barua said. ....
Indian startups open donations to provide for oxygen concentrators Photo: Pixabay April 26, 2021 Online foodtech platform, Zomato and payments major, Paytm on Sunday launched their donation drives to help hospitals and families of individuals affected by covid, source oxygen concentrators and other health-related supplies. Further, both companies claim to have sourced supplies of oxygen concentrators and are looking to place orders through donation proceedings. The news comes at a time when several hospitals and health institutions across the nation’s capital and other parts of the country are running out of oxygen supplies for patients suffering with covid. Through its not-for-profit arm, Feeding India, Zomato is partnering with logistics firm Delhivery to source concentrators and related supplies to help hospitals and families in need. ....
Delhivery IPO: IPO-bound Delhivery sees exit of two co-founders indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.