Economy · India

Alpha Wave Ventures Sells Entire Stake in Delhivery; Stock Falls

Alpha Wave Ventures LP sold its entire 1.93% stake in the logistics company Delhivery on June 24, executing the sale in two tranches. This divestment follows a similar move by venture capital firm Nexus Venture Partners, which recently offloaded its 1.97% stake in Delhivery. Following Alpha Wave Ventures' sale, Delhivery's stock experienced a decline of over 2%.

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