Vision Fund and existing investor The Carlyle Group
have sought the approval of the Competition Commission of India (CCI) to invest in logistics firm Delhivery. According to company filings sourced from Paper.VC, a private firm signals provider, SoftBank
is seeking to acquire 37.87 per cent in Gurugram-based Delhivery. The transaction is proposed in parts and will be carried out through SVF DoorBell, a Cayman island registered investment vehicle of the Softbank
The proposed investment by SoftBank Vision Fund
has doing rounds for some time. According to one report, the Japanese investment major may put as much as $450 million, in a deal that may value the eight-year old firm over $1 billion.