Delhivery may become unicorn with $450mn SoftBank funding: Report
Logistics startup Delhivery could become a unicorn, or a startup with $1-billion valuation, with a $450 million investment from SoftBank Vision Fund, according to reports. The fund plans infusing $350 million in fresh capital and $100 million through secondary transaction in Delhivery, reports added. The founders are expected to cash out and get new stock options in the round.