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%.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): Business Standard, Mint