Alpha Wave fully exits Delhivery via ₹665 Cr bulk deals, second marquee VC to monetise

Alpha Wave Ventures offloaded its entire ~2% stake in Delhivery, selling 1.44 Cr shares at ₹460.36 apiece for ₹665 Cr. The exit follows Nexus Ventures' partial trim, even as Delhivery posts an FY26 turnaround with ₹321 Cr net profit on ₹10,486 Cr revenue.

— Filed Fri, 26 Jun, 2026, 08:30 IST · Source Inc42 · Updated

Alpha Wave Ventures fully exited Delhivery selling 1.44 Cr shares (~2% stake) for ₹665 Cr via bulk deals, joining Nexus Ventures in monetising holdings as the logistics player posts improving FY26 financials.