Alpha Wave exits Delhivery with ₹664.7 cr block sale; stock slips over 2%
Alpha Wave Ventures offloaded its entire 1.93% stake (1.44 crore shares) in Delhivery via bulk deals at an average ₹460.36 apiece, fetching ₹664.7 crore. The exit follows Nexus Venture Partners trimming its holding days earlier, pressuring shares of the logistics player down 2.22%.
Alpha Wave Ventures exited its entire 1.93% stake in logistics player Delhivery via bulk deals worth ₹664.7 crore, days after Nexus Ventures pared its holding. Delhivery shares fell over 2% on the news.