Why Did Alpha Wave Reduce Its Stake In Delhivery?
Global investment firm Alpha Wave Ventures has reduced its stake in logistics major Delhivery after selling shares worth Rs 332.5 crore through a bulk deal on Wednesday.
According to exchange data, Alpha Wave offloaded 72.22 lakh shares, representing nearly a 1% stake in the Gurugram based logistics company, at an average price of approximately Rs 460.4 per share.
The transaction has nearly halved Alpha Wave’s holding in Delhivery. As of March 2026, the investor owned a 1.93% stake in the company.
How Much Have Delhivery Investors Sold Recently?
The latest transaction comes amid a series of stake sales by early institutional investors in Delhivery.
Just a day earlier, Nexus Venture Partners sold shares worth Rs 208 crore through a bulk deal. Since April 2026, Nexus has offloaded Delhivery shares worth approximately Rs 924 crore through multiple transactions, including block deals valued at Rs 530 crore and Rs 186 crore.
Collectively, venture investors have sold more than Rs 1,256.5 crore worth of Delhivery shares over the past few months, reflecting continued portfolio monetisation following the company’s public listing.
How Is Delhivery Performing Financially?
Despite the recent stake sales by investors, Delhivery has continued to report strong operational performance.
In the fourth quarter of FY26, the company posted revenue of Rs 2,850 crore, marking a 30% year-on-year increase from Rs 2,192 crore reported during the corresponding quarter of FY25.
The Gurugram based logistics company also reported a net profit of Rs 72.3 crore during the quarter, reflecting continued improvements in operational efficiency and business performance.
The results highlight Delhivery’s ongoing growth across its logistics and supply chain operations despite a challenging macroeconomic environment.
Why Are Venture Investors Selling Delhivery Shares?
Stake sales by venture capital firms are common after portfolio companies mature and become publicly listed.
Investors such as Alpha Wave Ventures and Nexus Venture Partners typically monetize part of their holdings to return capital to limited partners while continuing to retain exposure to long-term business growth.
The recent transactions appear to be part of a broader portfolio management strategy rather than a reflection of Delhivery’s business fundamentals.
What Is Delhivery’s Current Market Valuation?
Following Wednesday’s trading session, Delhivery’s shares closed at Rs 478 apiece on the stock exchange.
At the closing price, the company commanded a market capitalization of approximately Rs 35,795 crore, or nearly $3.76 billion, making it one of India’s largest publicly listed logistics and supply chain technology companies.
With improving profitability, rising revenues, and continued investor interest in India’s logistics sector, Delhivery remains one of the country’s leading technology-driven logistics platforms despite the ongoing stake sales by early financial investors.
