Sebi green lights Delhivery’s Rs 7,460 crore IPO proposal

The Securities and Exchange Board of India (Sebi) is learnt to have approved the proposed Rs 7,460-crore initial public offering (IPO) of Delhivery, people aware of the matter told ET. This makes the Gurugram-based new-age logistics startup the first unicorn this year to have obtained the stock market regulator’s nod to list on domestic bourses. … Read more