62
/
2
Min Read
Nexus Venture Partners has sold a 1.6% stake in logistics firm Delhivery for about INR 530 crore (around USD 57 million) through a combination of bulk and block deals on the National Stock Exchange (NSE).
According to exchange data, the venture capital firm offloaded nearly 1.2 crore shares at a price of INR 442 per share. The sale was executed through its funds, Nexus Ventures III and Nexus Opportunity Fund.
Domestic institutional investors led the buying activity. Nippon India Mutual Fund and SBI Mutual Fund together acquired 45.75 lakh shares each in a transaction valued at around INR 404 crore.
Other participants included BNP Paribas, ICICI Prudential Mutual Fund, Edelweiss Mutual Fund, and Alphamine Absolute Return Fund.
Nexus Venture Partners has been gradually reducing its stake in Delhivery since the company’s public listing. Its holding has declined from 10.26% at the time of the IPO to about 4.49% as of December 2025.
In terms of financial performance, Delhivery reported an 18% year-on-year rise in revenue to INR 2,805 crore in the third quarter of FY26. Profit for the period increased by 59% to INR 40 crore.
Following the stake sale, Delhivery’s shares closed 3.57% higher at INR 457.8, giving the company a market capitalisation of approximately INR 34,271 crore (about USD 3.7 billion).
This article was originally
published by the 
