India, Dec. 15 -- Steadview Capital has become the latest investor in logistics tech unicorn Delhivery. The Delhi-based startup raised the funds through the sale of secondary shares, which saw Steadview purchase $25M worth of secondary shares from an early investor in the company.

Delhivery was last in the news for its plans related to an initial public offering (IPO). In September, Delhivery COO and CBO Sandeep Barasia noted that Delhivery prefers to list in India, however, it is awaiting the government's upcoming rules on the foreign listing.

The Gurugram-based logistics company has also amended its Articles of Association (AoA) to include the scope for a public listing as a secondary exit for existing investors, according to the docu...