New Delhi, June 25 -- Delhivery share price declined over 2% in early trade on Thursday after global investment firm Alpha Wave Ventures sold its entire stake in the company through bulk deals. Delhivery shares dropped as much as 2.22% to Rs.470.00 apiece on the BSE.

Alpha Wave Ventures LP sold its entire 1.93% stake in Delhivery in two tranches on June 24. The Delhivery stake sale by Alpha Wave Ventures LP comes a few days after venture capital firm Nexus Venture Partners offloaded its 1.97% stake in Delhivery.

Alpha Wave Ventures LP sold 1.44 crore Delhivery shares, representing 1.93% stake in the company in two bulk transactions on Tuesday.

Alpha Wave Ventures sold 72.22 lakh shares of Delhivery at an average price of Rs.460.36 apie...