Nexus Venture Partners’ Ongoing Exit from Delhivery with Rs 208 Crore Share Sale
Nexus Venture Partners is currently executing its gradual exit from the logistics leader Delhivery through a share sale valued at Rs 208 crore via a bulk deal on the BSE on Tuesday. This latest transaction comes on the heels of two block deals that took place in April, during which the venture capital firm offloaded shares amounting to a total of Rs 716 crore.
According to data from the exchange, Nexus Venture Partners disposed of 43.24 lakh shares of Delhivery, achieving an average price of Rs 481 each, resulting in a deal value of approximately Rs 208 crore. This sale follows the firm’s Rs 530 crore stake sale on April 8, in which they sold nearly 1.2 crore shares through its funds Nexus Ventures III and Nexus Opportunity Fund. The transaction attracted investors such as SBI Mutual Fund, Nippon India Mutual Fund, BNP Paribas, ICICI Prudential Mutual Fund, Edelweiss Mutual Fund, and Alphamine Absolute Return Fund.
Just a week later, the venture capital firm executed another sale of Delhivery shares worth Rs 186 crore through block deals. The buyers in this instance included Morgan Stanley, Goldman Sachs, Edelweiss Mutual Fund, Nippon India Mutual Fund, and Viridian Asia Opportunities Fund.
With this latest transaction, Nexus has successfully monetized over Rs 924 crore worth of shares in Delhivery during the ongoing financial year. The firm has consistently reduced its stake in Delhivery since its public listing. Prior to the April transactions, Nexus Venture Partners’ holding had already decreased from 10.26% at the time of the IPO to roughly 4.48% by March 2026.
In Q4 FY26, the Gurugram-based logistics entity reported a remarkable growth of 30% year-on-year in revenue, reaching Rs 2,850 crore, compared to Rs 2,192 crore in Q4 FY25, while its profits stood at Rs 72.3 crore during the same timeframe.
By the end of today’s trading session, shares of Delhivery concluded at Rs 475.9 each, with the company attaining a total market capitalisation of Rs 35,638 crore (approximately $3.75 billion).
