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Logistic unicorn Delhivery gets $115 million funding from CPPIB

To broaden the exposure in the logistics sector in India, The Canadian pension plan investment board (CPPIB) has invested $115 in Delhivery, a Gurugram-based logistic unicorn. Earlier in June, a report said that CPPIB was in the process of making a huge investment in the logistics sector. Following the huge investment, CPPIB will have one seat on the board of Delhivery, who are joyful about this new partnership.