Softbank's new apple of the eye: A potential unicorn called Delhivery

Set up in 2011, when online retail was just taking off, today this firm is giving the likes of DHL, BlueDart and FedEx a run for their money

Delhivery, an e-commerce focused delivery start-up, is the latest to have caught the eye of the world’s biggest investor, SoftBank Group. 

Through its Vision Fund, the Japanese conglomerate is nearing a deal to acquire 38.8 per cent stake in the firm. The investment is reportedly to the tune of $400 million—and it may well make for eight-year old start-up's entry into the coveted Unicorn Club (a group of companies that are valued at over $1 billion). Softbank could not be reached for its comments for the story.

Two things stand out in Delhivery’s journey—identifying and catching a problem statement at