Besides these, legacy courier companies also do some express B2C deliveries for online sellers, such as Blue Dart Express and Allcargo Gati. “There are several advantages to Delhivery from this ...

Delhivery is acquiring Ecom Express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by Ecom Express, which ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 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. Advertisment Sahil ...

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 ...