Delhivery Limited has announced the acquisition of a 99.4% stake in Ecom Express Limited, a rival logistics solutions provider, for a cash consideration of up to Rs 1,407 crore ($169.5 million ...

Delhivery said that no new technology integrations will have to be “created or changed” as part of the deal as there is a near total overlap between the two companies Delhivery said that Ecom ...

In FY24, SpotOn made losses worth ₹ 24.9 crore on revenue from operations of ₹ 230 crore. Delhivery had invested ₹ 1,512 crore in the business in FY24, as per its annual report. In February ...

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.

Delhivery to buy 99.4% stake in Ecom Express for ₹1,407 crore. Third-party logistics company Delhivery will acquire Ecom Express Limited for ₹1,407 crore. The company informed the exchanges on ...

Delhivery in an exchange filing said the completion of the transaction is subject to approval from the Competition Commission of India, and customary closing conditions. Delhivery MD and CEO Sahil ...

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 ...

Shares of Delhivery Ltd cracked 10% from day's high on Tuesday amid a recovery in the broader market. The stock of the logistics services firm also saw large volumes with 27.4 million shares ...

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 ...

The acquisition is expected to be finalised within six months from the date of signing the Share Purchase Agreement. Logistics major Delhivery on Saturday announced plans to acquire its competitor ...