Earlier this month, Delhivery said it would acquire a 99.4% stake in Ecom Express in what was touted as a “fire sale”. The INR 1,407 Cr price tag was a steep 80% discount from INR 7,300 Cr at ...

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 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.

Logistics services provider Delhivery Ltd on Saturday (April 5) announced the acquisition of Ecom Express Ltd for a cash consideration of about Rs 1,400 crore to scale up its business. In a ...

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 ...

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 ...

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 ...