March 22, 2023

Sahil Barua, co-founder and CEO, Delhivery


Delhivery had a great run with private-equity funds. Though its revenue growth has been impressive right from the word go, the startup is yet to turn in a profit. With the kind of valuation it is seeking as of now, Delhivery should have a strong pitch for public-market investors. Does it ?

When Delhivery, India’s most valued logistics startup and a darling of private-equity funds, filed its draft red herring prospectus (DRHP) last year, the stock market was buoyant. At the time, there was strong demand for New Age companies. But with investors burning their fingers in the initial public offerings (IPOs) of loss-making tech companies including Paytm and Zomato, euphoria has given way to caution.As per market sources, Delhivery is

  • SAVE

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *