SoftBank-backed Delhivery plans to go public in 18 months

Megha Jain

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Image Credit: shortpedia

SoftBank-backed logistics unicorn Delhivery is looking to go public in the upcoming 12-18 months. The company’s COO and CBO Sandeep Barasia noted that Delhivery prefers to list in India, however, it is awaiting the government’s upcoming rules on the foreign listing. The Gurugram-based logistics company has also amended its Articles of Association (AoA) to include the scope for a public listing as a secondary exit for existing investors.