Delhivery raises $100M from Carlyle & Tiger Global
Friday, March 24, 2017, 11:30 AM
US investment fund Carlyle Asia Partners IV has picked up significant minority stake in e-commerce logistics company Delhivery by leading a $100-million, or about Rs 655-crore, funding round. Existing investor Tiger Global also participated in the round that values Gurgaon-based company at over $600 million, or about Rs 3,920 crore. Carlyle's investment in Delhivery will be among the largest PE investment in the space.