Nexus Ventures trims Delhivery stake by 0.6% in ₹208 cr block deal at ₹481/share
Early backer Nexus Ventures sold 43.2 lakh Delhivery shares for ₹208 crore via block deal, paring its holding from 4.5%. Separately, Delhivery tied up with Bajaj Auto to deploy 200 RIKI e-carts in last-mile delivery, with 1,500 e-three-wheelers planned by FY27 as Q4 EBITDA jumped 80% to ₹214 cr.
Nexus Ventures sold 0.6% stake in logistics player Delhivery for ₹208 crore via block deal at ₹481/share. Separately, Delhivery partnered Bajaj Auto to deploy 200 RIKI e-carts in last-mile, with 1,500 more planned for FY27.