Lee Fixel’s Addition invests over $75 million in Delhivery

Indian logistics firm Delhivery has courted one more high-profile investor before its expected IPO in the next two quarters: Lee Fixel’s Addition. The Gurgaon-headquartered firm has disclosed in a regulatory filing that Addition has invested $76.4 million in the startup. The new investment is part of a Series I round, according to the filing, provided by market intelligence firm Tofler. So far Delhivery has disclosed only Addition’s investment. The 10-year-old startup began its life as… Click below to read the full story from TechCrunch
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