Alpha Wave Fully Exits Delhivery in ₹665 Cr Bulk Deal at ₹460/Share
Alpha Wave Ventures offloaded its entire ~2% stake in Delhivery, selling 1.44 Cr shares for ₹665 Cr at ~₹460 apiece. The exit trails repeated stake sales by Nexus Venture Partners, even as Delhivery posts improving FY26 metrics — ₹321 Cr profit on ₹10,486 Cr revenue.
Alpha Wave Ventures fully exited Delhivery via bulk deals worth ₹665 Cr, selling 1.44 Cr shares (~2% stake) at ~₹460 apiece. Exit follows Nexus Venture Partners' multiple stake sales, amid Delhivery's improving FY26 financials.