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SoftBank-backed logistics firm Delhivery plans $1 bn IPO filing in October

The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter

Delhivery
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Founded in 2011, Delhivery handles more than 1.5 million packages a day through its 43,000-strong team across India, according to its website | Photo: Bloomberg

Baiju Kalesh | Bloomberg
Delhivery Pvt, an Indian logistics and supply chain startup, plans to file a draft prospectus as soon as October for its initial public offering that could raise about $1 billion, according to people with knowledge of the matter.
 
The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people, who asked not to be identified as the information is private. The offering could include both new and existing shares, one of the people said.

Founded in 2011, Delhivery handles more than 1.5 million packages a day through its

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