Two failed IPO attempts, allegations of inaccurate disclosures in the draft red herring prospectus, cost-cutting through layoffs, and finally a sale to Delhivery at an 80% discount to its peak ...

Sahil Barua, the founder and CEO of Delhivery, has tendered his resignation as independent director of Swiggy and will be stepping down from the company’s board after the close of business hours ...

Logistics firm Delhivery on Saturday announced that it will acquire its rival, Ecom Express Limited, for an amount not exceeding Rs 1,407 Crore. "The Board has approved the execution of Share ...

In a move that signals both consolidation and survival in India’s third-party logistics (3PL) space, Delhivery last week announced its intent to acquire rival Ecom Express for ₹1,407 crore.

Sahil Barua, Delhivery's CEO, has resigned from Swiggy's board as an independent director, citing increased work commitments, effective April 11, 2025. He joined Swiggy in 2022 and expressed ...

Supply Chain and Truckload services also delivered solid gains. Roll back to Q4 FY23, and Delhivery was barely breaking even, posting just Rs 6 crore in adjusted EBITDA on Rs 1,860 crore in revenue.

Delhivery’s profit after tax zoomed 114% year-on-year to ₹ 25 crore in the December quarter—its third consecutive profitable quarter. Revenue from operations grew 8% to ₹ 2,378 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 ...

Delhivery announced that it has signed a definitive agreement to acquire a controlling stake in Ecom Express for a cash consideration of Rs. ~1,400 Cr from its shareholders. Sahil Barua, MD and ...

Third-party logistics company Delhivery is going to acquire Ecom Express for ₹1,407 crore, signalling major consolidation in the Indian logistics space. The Gurgaon-based Delhivery said the ...