Ahead Of IPO Logistics Unicorn Delhivery Appoints Three Independent Directors

Ahead Of IPO Logistics Unicorn Delhivery Appoints Three Independent Directors

SUMMARY

The logistics unicorn has appointed Kalpana Moparia (former chairman of J.P. Morgan (southeast Asia), Romesh Sobti (former MD & CEO of Indusind Bank) and Sugata Gupta (MD and CEO of Marico Limited)

Delhivery is eying for a $1 Bn IPO in the domestic market at $4 Bn - $4.5 Bn

Earlier this month, Delhivery converted into a public company

Ahead of its initial public offering, logistics unicorn Delhivery has appointed three new independent directors. The startup has roped in Kalpana Moparia, Romesh Sobti and Sugata Gupta as new independent directors

Moparia has earlier served as a chairman of J.P Morgan, south and southeast asia. It is worth noting that Delhivery has held talks with several banks, including JP Morgan, ICICI Securities, Bank of America, to manage its IPO. 

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