Stake sale · Mobility & Logistics

Nexus Venture Partners sells Delhivery shares worth ₹716 Cr

By Startup Enthusiast · 8 April 2026

What they do

Nexus Venture Partners sold 1.2 crore and 40 lakh Delhivery shares in two block deals in April 2026 for ₹530.4 crore and ₹186 crore respectively

Nexus has been steadily reducing its stake since Delhivery's 2022 IPO and now holds below 3%

Delhivery's stock has surged over 85% in the past year on growth in quick commerce logistics

Nexus Venture Partners sold 1.2 crore Delhivery shares at ₹442 each for ₹530.4 crore via block deals on 8 April 2026.
Nexus Venture Partners sold another 40 lakh Delhivery shares at ₹465 each for ₹186 crore via block deals on 15 April 2026.
The total sale amount across both transactions was ₹716.4 crore (about $77 million).
Buyers on 8 April included Alphamine, BNP Paribas, Edelweiss Mutual Fund, ICICI Prudential Life Insurance, Nippon India Mutual Fund, and SBI Mutual Fund.
Nippon India Mutual Fund and SBI Mutual Fund each bought 45.75 lakh shares worth ₹202.2 crore on 8 April.
Buyers on 15 April included Morgan Stanley, Edelweiss Mutual Fund, Goldman Sachs, Nippon India Mutual Fund, and Viridian Asia Opportunities Master Fund.
Nexus has been steadily reducing its stake in Delhivery since the company's 2022 IPO.

Nexus Venture Partners held 10.26% stake at Delhivery's IPO in 2022, which has now fallen below 3% after the April 2026 sales.
Nexus previously sold 1.2 crore Delhivery shares for ₹461 crore in June 2025 and 78.19 lakh shares for ₹344 crore in August 2024.
Delhivery's stock has surged over 85% in the past year, driven by its foray into hyperlocal and quick commerce logistics and growth in express and PTL segments.

Delhivery is a logistics and supply chain solutions company in India.
It provides parcel delivery services to businesses and consumers.
The company also offers supply chain solutions including warehousing and freight services.
Delhivery reported Q3 FY26 revenue from contracts with customers of ₹2,804.9 crore, an 18% year-on-year increase.
Its Q3 FY26 net profit was ₹39.6 crore, a 59% increase from ₹24.9 crore a year earlier.
The company's market capitalisation was about ₹34,271 crore ($3.7 billion) as of 8 April 2026.

Nexus Venture Partners (seller) — US-based venture capital firm that invested in Delhivery early and has been reducing its stake since the IPO.