Delhivery completed the acquisition of Gurugram-based Ecom Express for ₹1,407 crore in July, gaining shipment volume and market share. Logistics company Delhivery is betting on cost efficiencies built ...

Delhivery Ltd.’s acquisition of a majority stake in Ecom Express Ltd. for about ₹1,407 crore has been authorized by the Competition Commission of India (CCI), marking a significant consolidation move ...

Logistics firm Ecom Express has seen significant workforce changes ahead of its acquisition by Delhivery. Approximately 150 mid-level and regional operations employees have voluntarily resigned, ...

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 a ...

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 Ltd's share price rose for a second consecutive session on Tuesday as it revealed more details about Ecom Express's acquisition. The logistics company informed exchanges in the first week of ...

Shares of logistics company Delhivery Ltd. rose over 2% on Monday in contrast to a crashing market. This comes after the company announced that it will acquire rival firm Ecom Express Ltd. for Rs ...

Mumbai: Logistics services provider Delhivery on Saturday announced acquisition of Ecom Express for a cash consideration of about Rs 1,400 crore to scale up its business. In a regulatory filing, the ...

Ecom Express once aimed to go public with a Rs 2,600 crore IPO to fund automation, expand into smaller cities, and invest in AI. The company did grow its revenue, but costs and losses grew faster.

New Delhi: Logistics services provider Delhivery Ltd on Saturday announced acquisition of Ecom Express Ltd for a cash consideration of about Rs 1,400 crore to scale up its business. In a regulatory ...

MUMBAI: Delhivery is acquiring rival Ecom Express in an all-cash deal for Rs 1,407 crore, the company said in a stock exchange filing on Saturday. The transaction which marks consolidation in the ...