Nexus Ventures trims Delhivery stake by 0.6% in ₹208 cr block deal at ₹481/share
Early backer Nexus Ventures sold 43.2 lakh Delhivery shares for ₹208 crore via block deal, paring its holding from 4.5%. Separately, Delhivery tied up with Bajaj Auto to deploy 200 RIKI e-carts in last-mile delivery, with 1,500 e-three-wheelers planned by FY27 as Q4 EBITDA jumped 80% to ₹214 cr.
What happened
Nexus Ventures sold 0.6% stake in logistics player Delhivery for ₹208 crore via block deal at ₹481/share. Separately, Delhivery partnered Bajaj Auto to deploy
Key facts
- ₹208 crore
- 43.2 lakh shares
- 0.6% stake
- ₹481 per share
- 4.5% prior stake
- 200 e-carts
- 1,500 e-three-wheelers
- Q4 net profit ₹72.4 crore
- EBITDA ₹214.2 crore (+80%)
- EBITDA margin 7.5%
Why this matters
The Bajaj Auto tie-up is a template for OEM-logistics co-deployment deals, opening room for similar fleet-financing or captive-EV partnerships across quick commerce and 3PL peers.