In a major consolidation move in the logistics sector, Delhivery on Saturday announced its decision to acquire rival Ecom Express Limited for a consideration not exceeding INR 1,407 crore.

Listed logistics service provider Delhivery said it is acquiring a controlling stake in rival startup Ecom Express. The logistics unicorn will pick up a 99.4% stake in Ecom Express for INR 1,407 ...

This clarification follows Delhivery last week announcing that it would acquire a 99.4% stake in Ecom Express for INR 1,407 Cr in an all-cash deal. Described as one of the biggest consolidation ...

Bengaluru (Karnataka) [India], March 17: Ecom Express, a leading end-to-end technology-enabled logistics solutions provider, has announced a strategic partnership with Truecaller for Business to ...

Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal. Both companies believe the transaction won't significantly impact ...

This sums up the journey of Ecom Express, once India’s second-largest third-party logistics company after Delhivery. The ₹1,407-crore acquisition comes as the logistics sector grapples with ...

Logistic firm Delhivery Limited and Ecom Express have sought Competition Commission of India’s approval for their ₹1,400-crore deal. Under the deal announced on April 5, Delhivery will acquire ...

The deal for a 99.4% stake in Ecom Express puts the deal on the list of the biggest consolidation deals in the logistics space of India.

Behind it lies a tale of missed targets, lost clients, and shrinking valuations Loss of a founder, loss of its biggest client and lost value – How Ecom Express landed in Delhivery’s cart ...

While Delhivery is a listed integrated logistics player, Ecom Express provides logistics solutions to the Indian e-commerce industry. According to the notice submitted to the regulator, the relevant ...

Delhivery and Ecom Express have sought CCI approval for their Rs 1,400 crore deal, aiming to improve logistics efficiency and service offerings. The deal involves Delhivery acquiring a controlling ...

Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal. Both companies believe the transaction won't significantly impact ...