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Delhivery To Gain Unicorn Status With $245 Mn Funding From SoftBank . Amid growing competition and investor interest in India's logistics sector, Japanese conglomerate SoftBank is looking to invest $200 Mn-$250 Mn in ecommerce logistics startup Delhivery, which was earlier looking to launch its IPO (initial public offering). According to sources familiar to the development, the funding will be led via the SoftBank Vision Fund at a post-money valuation of around $1.2 Bn, marking its entry into the much-coveted Unicorn club. "They have been evaluating Delhivery seriously for the past few months but a transaction is not final yet," said one of the sources. m.dailyhunt.in
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