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 ...

Rapid technical breakthroughs, changing customer expectations and strong government investments in infrastructure are all driving a revolutionary change in India's express logistics and parcel ...

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 ...

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 ...

Of all the tertiary sectors in an economy, logistics is one of the most significant. With the market share of organised players just in single-digits, formalisation of economy along with the ...

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 ...