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Logistics unicorn Delhivery raises INR 558 Cr from Lee Fixel’s Addition

Shortpedia

Content Team
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Delhivery has raised INR 558 Cr from Lee Fixel’s Addition LLC as part of its Series I round. According to MCA filings accessed by Inc42, the Gurugram-headquartered startup has allotted 146,961 Series I Compulsory Convertible Preference Shares (CCPS) to Addition LLC at a price of INR 37,900 per share. The funding by Addition marks the second investment in an Indian startup by Lee Fixel.