New age logistics and supply chain startup Delhivery has raised around $277 million, or over Rs 2,000 crore in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed.
Samvad Partners advised Delhivery led by a team of partner Ashwini Vittalachar, senior associate Riddhima P Murjani, senior associate Gauri Khanna and associate Sindhujaa Nayak.
J Sagar Associates (JSA) acted as the legal counsel to the lead investor Fidelity Investors in the deal.
Touchstone Partners advised Singapore-based investor GIC, led by a team including partner Ruchir Sinha, and lawyers Shreyas Bhushan and Sanjana Bhatnagar.
Trilegal advised Ballie Gifford led by a team including corporate team partner Gautam Singh; counsel Nirmal Mahtani; senior associate Mitali Halbe; associates Nandita Bhakta and Bhavna Srinivasan. Competition team partner Nisha Kaur Uberoi; counsel Rahul Satyan; senior associate Rishabh Juneja; associate Ankita Dhawan.
L&L Partners represented existing investor Carlyle in the funding round.
Deal value: Over INR 2000 crores (USD 275 million)
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Source: Legally India