Delhivery anchors ₹2,347 cr as India logistics IPO cycle nears ₹8,000-9,000 cr
India's logistics sector heads into a major IPO cycle worth ₹8,000-9,000 crore. Delhivery raised Rs 2,347 crore from 64 anchor investors ahead of listing, despite a CXO resignation and a Rs 119.8 crore loss on Rs 2,072 crore revenue. FirstCry halted its IPO amid market volatility.
India's logistics sector heads into an IPO cycle worth ₹8,000-9,000 crore. Delhivery's CXO resigned; it raised Rs 2,347 crore from anchor investors ahead of listing. FirstCry halted its IPO amid market volatility.
Why this matters
Delhivery's anchor raise follows its turn to profitability and expanding logistics footprint, including a Havells Western India supply chain contract and D2C brands adopting its unified fulfilment platform.
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