Delhivery IPO

Brokerage firms have majorly downgraded the recently-listed e-commerce startup Delhivery after the company reported a disappointing performance in the June 2021 quarter. The logistics services provider reported a net loss of Rs 399 crore…

Sahil Barua, co-founder and CEO, DelhiverySynopsisDelhivery had a great run with private-equity funds. Though its revenue growth has been impressive right from the word go, the startup is yet to turn in a profit. With the kind of…