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CCI approves the secondary acquisition in Delhivery Private Limited (DPL) by SVF Doorbell (Cayman) Ltd. (SVFD),under Section 31(1) of the Competition Act, 2002

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....CI approves the secondary acquisition in Delhivery Private Limited (DPL) by SVF Doorbell (Cayman) Ltd. (SVFD),under Section 31(1) of the Competition Act, 2002 <br>News and Press Release<br>Dated:- 15-....

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....11-2019<br><BR>The Competition Commission of India (CCI) approves the secondary acquisition in Delhivery Private Limited (DPL) by SVF Doorbell (Cayman) Ltd. (SVFD),under Section 31(1) of the Competiti....

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....on Act, 2002, Yesterday. The proposed transaction entails secondary acquisition of up to 3.28% of the issued and paid up share capital of DPL on a fully diluted basis by SVFD. Subsequent to this acqu....

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....isition, SVFD will hold up to approximately 25.72% the issued and paid up share capital of DPL. SVFD is a holding company set up to hold its proposed investment in DPL on behalf of SoftBank Vision Fu....

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....nd L.P., a venture capital fund focused on making long-term financial investments in companies. DPL is engaged in the market for provision of third party logistics (3PL) services in India. As part of....

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.... its logistics services, DPL provides transportation,warehousing, freight services and overall fulfillment services to various customers. DPL's logistics services are provided to enterprises or person....

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....s who operate across different business models and are present across the value chain(big brands, small and medium enterprises, e-commerce platforms) etc.. Detailed order of the CCI will follow.<BR> ....

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....News - Press release - PIB....