Announced
Synopsis
Canada Pension Plan Investment Board has invested $115m in Delhivery, one of India's leading third-party logistics providers. "The continued strong growth of e-commerce has generated significant opportunities in India's express logistics space for long-term investors such as CPPIB, and we are pleased to partner with a market leader. This investment in Delhivery builds on our Fundamental Equities Asia group's strategy to provide strategic capital to high-quality companies in the region," Deborah Orida, Senior Managing Director and Global Head of Active Equities.
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