Nexus Venture Partners sold shares worth ₹208 crore in logistics firm Delhivery through a block deal today, marking its third stake sale this quarter. The venture capital firm offloaded 43.24 lakh shares at ₹481 apiece, a price 1% higher than the closing price on the day, according to inc42.com.
This transaction follows two earlier sales in April when Nexus sold shares worth ₹530 crore on April 8 and another 40 lakh shares worth ₹186 crore on April 15. The shares were purchased by a mix of domestic and global institutional investors, including Morgan Stanley, Goldman Sachs, Edelweiss Mutual Fund, Nippon India Mutual Fund, and Viridian Asia Opportunities Fund. Nexus has been steadily reducing its stake in Delhivery since the company’s public listing in 2022.
The stake sales coincide with Delhivery’s improving financial performance. In the fiscal year 2026, the company reported an 8% year-on-year increase in net profit to ₹321 crore, while revenue from services rose 17% to ₹10,486 crore. The combined stake of Nexus Ventures III and Nexus Opportunity Fund had fallen to 3.55% following the April transactions, and the latest sale likely reduced it further.
Delhivery will disclose its June quarter shareholding pattern, which will reveal the exact current stake held by Nexus Venture Partners. The logistics company was founded in 2011 and continues to attract institutional investor interest amid its growth trajectory.