Venture Capital Firm Nexus Ventures Offloads 1.2 Crore Delhivery Shares for INR 461 Cr

SA TeamJune 28, 2025

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Three points you will get to know in this article:

Nexus Venture Partners, a VC firm, divested 1.2 crore shares of the logistics giant Delhivery through block deals, totaling INR 461 crore.
The shares were eagerly acquired by Axis Mutual Fund, Citigroup Global Markets, HDFC, Ask Absolute Return Fund, Tata Mutual Fund, and others
Morgan Stanley Asia Singapore was the largest buyer, acquiring more than 47 lakh shares valued at INR 184.7 crore.

Nexus Ventures' Strategic Stake Sale

In the midst of numerous significant transactions involving new-age tech stocks today, venture capital firm Nexus Venture Partners divested 1.2 crore shares of the logistics giant Delhivery through block deals, totalling INR 461 crore.

The venture capital firm sold 1.02 crore shares for INR 387 each from its fund Nexus Venture Partners III, generating a total of INR 395.2 crore. It unloaded 17 lakh shares from its Nexus Opportunity Fund for ₹65.8 crore.

The shares were eagerly acquired by Axis Mutual Fund, Citigroup Global Markets, HDFC, Ask Absolute Return Fund, Tata Mutual Fund, and others. Morgan Stanley Asia Singapore was the biggest purchaser, acquiring more than 47 lakh shares valued at INR 184.7 crore.

Breakdown of the Share Sale and Fund Involvement

It is worth mentioning that at the conclusion of the March quarter, Nexus Venture Partners possessed 4.39 Cr shares, equating to a 5.88% ownership in the logistics firm. Since the logistics major’s listing, the investor has been gradually reducing its stake in it.Through its two funds, Nexus Ventures III and Nexus Opportunity Fund, it held a 10.26% stake in the company at the time of listing. Before this, it had sold more than 78.19 lakh shares of Delhivery for INR 344 crore in August 2024.

Financial Turnaround: Delhivery’s Q4 and FY25 Results

Delhivery’s shares have risen 11% year to date, showing an upward trend this year. Today, the stock finished the session at INR 384.95 on the BSE, marking a decline of 0.82% from the prior close.

The increase in the stock price is attributable to Delhivery’s enhancing financial performance. In Q4 of FY25, the consolidated net profit of the company was INR 72.6 Cr, compared to a loss of INR 68.5 Cr in the same quarter of the previous year. In the fourth quarter of FY25, operating revenue increased by 6% to reach INR 2,191.6 Cr, compared to INR 2,075.5 Cr in the same quarter of the previous year.

In FY25, the company recorded its first profitable fiscal year, with a net profit of INR 162.1 Cr compared to a loss of INR 249.2 Cr in FY24.