📚 New to this topic? Read our full guide: Startup Funding Explained.

SoftBank Cuts Its Delhivery Stake To 7.61% As Early Backers Keep Selling

SoftBank is a big company from Japan that puts money into other companies. It has slowly sold many of its shares in Delhivery, an Indian company that delivers parcels. A stake is just the part of a company that an investor owns. SoftBank now owns only 7.61% of Delhivery. It took almost two years to sell down to this level.

SoftBank is not the only one selling. Two other early investors, Alpha Wave and Nexus, also sold big parts of their Delhivery shares. (An early investor is someone who put money in when the company was young and risky.) All these sales show that the first big investors are slowly taking their profits as Delhivery grows up.

How much SoftBank sold

SoftBank owned its Delhivery shares through a company it controls called SVF Doorbell (Cayman) Ltd. It has cut its stake to 7.61%. Before, in September 2024, it owned 9.67%. In that time it sold about 1.45 crore shares.

The most recent sale was 11.20 lakh shares on June 22, 2026. The price was about ₹460 for each share. SoftBank sold in the open market and in “bulk deals.” A bulk deal just means a very large group of shares sold all at once.

SoftBank first put money into Delhivery in 2019. It led a funding round of $413 million. (A funding round is when a company collects money from investors all at one time.) Delhivery has been a public company since 2022. A public company is one whose shares anyone can buy and sell on the stock market. This makes it easy for early investors to sell their shares.

Alpha Wave and Nexus exit too

SoftBank is not selling alone. Alpha Wave Ventures sold all of its shares. It sold a 1.93% stake for ₹665 crore. That was about 1.44 crore shares at around ₹460 each.

Nexus Venture Partners also sold a lot. It sold 43.24 lakh shares worth ₹208 crore. Before that, in April, it had sold shares worth ₹530 crore and ₹186 crore in two other deals. So three big early investors have all been leaving.

Key facts

Detail	Figure (as reported)
SoftBank stake now	7.61% (from 9.67% in Sept 2024)
Shares SoftBank sold	~1.45 crore over ~2 years
Latest sale	11.20 lakh shares on June 22, 2026
Share price	~₹460 per share
Alpha Wave exit	1.93% stake for ₹665 crore
Nexus recent sale	43.24 lakh shares for ₹208 crore
SoftBank’s original 2019 round	$413 million

How Delhivery is doing

The company itself is doing well. In the fourth quarter of FY26 (the last three months of its money-year), Delhivery made a net profit of ₹72.4 crore. Net profit is the money left over after all costs are paid. This was about the same as a year before.

Its operating revenue went up 30% from the year before, to ₹2,850 crore. Operating revenue is the money a company earns from its main work. Delhivery also sees future work worth about ₹1,800 crore in revenue each year. This work would come from cars, FMCG (fast-moving consumer goods, like everyday packaged items you buy often), online shopping, and factory clients.

So the selling is not because investors are worried about Delhivery. It is more about early investors taking their profit after holding the shares for a long time.

Why it matters (especially for India and founders)

When big early investors like SoftBank sell, the share price can drop for a short time. This is because more shares are now for sale at once. But this selling is also a normal stage in a startup’s life. Early investors leave so they can put money into the next group of young companies.

For Indian founders, this is a good reminder. Investor money waits a long time, but it does not stay forever.

Delhivery’s steady profit and growing revenue show it can stand on its own. It no longer needs these early investors. This change also shows a bigger pattern in Indian startup money. Money is moving out of older, settled companies and into new ones. You can see this in fresh fundraises like Vishal Sikka’s new AI venture and the Alienkind cafe chain. (A fundraise is when a company collects new money from investors.)

FAQ

How much of Delhivery does SoftBank still own?

SoftBank now owns 7.61% of Delhivery. Before, in September 2024, it owned 9.67%.

Why are investors selling Delhivery shares?

Early investors like SoftBank, Alpha Wave, and Nexus are taking their profits after holding for years. They are not selling because the business is weak.

Is Delhivery profitable?

Yes. In Q4 FY26 it made a net profit of ₹72.4 crore. Its operating revenue was ₹2,850 crore, up 30% from the year before.

The takeaway

SoftBank, Alpha Wave, and Nexus are all stepping away from Delhivery. But the company’s numbers stay strong. The selling marks the end of one investor era. It also marks the start of Delhivery’s new life as a more independent company that makes its own profit.

Source: Inc42 — After Alpha Wave & Nexus, SoftBank Pares Stake In Delhivery To 7.61%