Multiples sells 10% stake in Delhivery to Tiger Global
In May, the private equity fund had invested Rs45 crore in the company as part of a broader funding round
Mumbai: Multiples Alternate Asset Management Pvt. Ltd, the private equity (PE) fund founded by Renuka Ramnath, has sold about a 10% stake in e-commerce logistics firm SSN Logistics Pvt. Ltd, which operates the Delhivery courier service, to Tiger Global Management Llc, said a senior executive of the fund.
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