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After SoftBank's investment, Delhivery enters unicorn club, India's 1st in 2019

It is just because of SoftBank's investment that logistics tech startup Delhivery enters unicorn club. In the latest round, it raised $395 million from SoftBank, taking its valuation to $1.6 billion. The investor is having a 22.4% stake in the start-up. It is having a partnership with e-commerce unicorns like Flipkart, Paytm, and others. Talks between SoftBank and Delhivery had been going on since last year.