Acquisition by the SVF Doorbell (Cayman) Ltd., a subsidiary of SoftBank Vision Fund of certain further compulsorily convertible preference shares by which the aggregate holding will now be over 25%, according to reports.
SoftBank Vision Fund, the world’s largest technology investor, is set to buy an additional stake from existing shareholders of logistics startup Delhivery Pvt. Ltd, according to filings by an affiliate of the fund with the Competition Commission of India (CCI), accessed by business information platform Paper.vc.
— Mint
AZB & Partners advised
Update 10 December 2019: Samvad Partners advised
2019-09-18
Deal value: Confidential
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
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Would be happy to take views though if you don't think that makes sense within this context.
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