FedEx pumps $100 Mn equity investment in IPO Bound Delhivery

American logistics giant FedEx announced on Friday that it has entered in equity and commercial agreement with India’s homegrown logistics startup Delhivery. The agreement would allow both companies in leveraging their combined strength to unlock the potential of India’s international trade. As part of this agreement, FedEx will make $100 Mn equity investment in Delhivery.…

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