Nexus Venture Partners Reduces Stake in Delhivery

Nexus Venture Partners has been actively reducing its investment in Delhivery by divesting shares valued at Rs 186 crore through block trades on the National Stock Exchange. This action follows a previous sale of a 1.6% stake in the firm just last week.

In the recent transaction, Nexus Venture Partners sold close to 1.2 crore shares at a price of Rs 442 each, generating approximately Rs 530 crore (about $57 million). On the latest occasion, the firm, via its funds Nexus Ventures III and Nexus Opportunity Fund, disposed of 40 lakh shares of Delhivery at Rs 465 each, resulting in a total deal value of Rs 186 crore.

Investors Buying the Stake

The shares were acquired by a blend of domestic and foreign institutional investors. Morgan Stanley took the lead as the major buyer, securing 12 lakh shares at Rs 465 each, translating to an investment of Rs 55.8 crore. Following this, Edelweiss Mutual Fund purchased shares valued at around Rs 50 crore.

Other participants in this deal included notable names such as Goldman Sachs, Nippon India Mutual Fund, and the Hong Kong-based hedge fund Viridian Asia Opportunities Master Fund. As per reports dated December 31, 2025, Nippon India Mutual Fund held a 2.9% stake in Delhivery and boosted its investment following a Rs 202 crore stake acquisition last week. In contrast, before this transaction, neither Morgan Stanley nor Goldman Sachs possessed any shares in the company.

Delhivery’s Financial Performance

On the financial side, Delhivery experienced an 18% year-on-year growth in revenue, reaching Rs 2,805 crore in Q3 FY26. Additionally, the company’s profit surged by 59%, amounting to Rs 40 crore.

By the end of today’s trading session, Delhivery shares concluded at Rs 456.6 each, marking the company’s total market capitalization at Rs 34,181 crore (approximately $3.66 billion).