Shardul Amarchand Mangaldas & Co. and Latham & Watkins have advised Indian logistics startup Delhivery on its $675-million IPO on the NSE and the BSE, with Cyril Amarchand Mangaldas and Linklaters representing the underwriters.
Khaitan & Co and Samvad Partners counselled the selling shareholders, with Morrison & Foerster advising one of the main investors, Japan’s Softbank.
Dehlivery is believed to be the first unicorn this year to have obtained the Indian stock market regulator’s approval to list. The Gurugram-based company's services include parcel transportation, warehousing, cross-border and supply chain services to more than 23,000 customers, and counts popular e-commerce sites such as Amazon and Walmart's Flipkart as its clients, Reuters said.
The SAM team was led by Prashant Gupta, national head of the capital markets practice, who was supported by partner Abhinav Maker.
The Linklaters team was led by partner Amit Singh, head of the firm’s South and Southeast Asia capital markets practice.
The partner who led this transaction from Samvad was Ashwini Vittalachar
