After SoftBank's investment, Delhivery enters unicorn club, India's 1st in 2019
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It is just because of SoftBank's investment that logistics tech startup Delhivery enters unicorn club. In the latest round, it raised $395 million from SoftBank, taking its valuation to $1.6 billion. The investor is having a 22.4% stake in the start-up. It is having a partnership with e-commerce unicorns like Flipkart, Paytm, and others. Talks between SoftBank and Delhivery had been going on since last year.