Carlyle acquired a significant stake in Delhivery in a $100 million investment round in March 2017. Mumbai: Logistics services provider Delhivery has started work on a potential initial public offering, three people aware of the development said. “Delhivery is looking to go public and they have initiated a process to appoint investment bankers to advise it on the public offering. Carlyle acquired a significant stake in Delhivery in a $100 million investment round in March 2017. Also in 2017, telecom equipment maker Tejas Networks Ltd went public in a Rs776 crore initial share sale.

Source: Mint May 06, 2018 18:11 UTC