Delhivery gives exit to early investors as Steadview makes secondary Investment

E-commerce focused logistic startup Delhivery has received $25 Mn from global tech Fund Steadview through secondary transaction. Since this investment has been made through sale of secondary shares, Delhivery will be using the investment purely for giving exit to early investors. However, the names of existing investors who have sought to make an exit have not…

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Fidelity Pumps undisclosed amount of Funding in Nykaa via Secondary Transaction

American asset management giant Fidelity has pumped an undisclosed amount of funding in online beauty and cosmetics marketplace Nykaa. However, this investment has been done through a secondary transaction, resulting in the partial exit for existing investors. What is a Secondary transaction? Secondary shares or transaction takes place when a new investor/s buys the shares…

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