Carlyle, Tiger Global invest $100m in Indian logistics business Delhivery

Global private equity giant The Carlyle Group has tapped its fourth Asia-focused fund to back e-commerce logistics business Delhivery. The firm said it has used Carlyle Asia Partners IV to acquire a significant minority stake in the Inidan business. Tiger Global Management, one of the existing investors of Delhivery, also invested additional capital, with the …