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 ...

Mumbai: It took less than a year for everything to unravel. In August 2024, India’s second largest business-to-consumer (B2C) logistics firm, Ecom Express, filed for an initial public offering.

Delhivery didn’t name Ecom Express, it was clear from the numbers it provided that it was referring to Ecom Express The listed logistics major alleged that Ecom Express has miscalculated its number of ...

E-commerce player Delhivery shares gained four percent in a sour market, as the Street was bullish on the firm’s latest acquisition of logistics firm Ecom Express. At 3.15 pm, Delhivery’s stock was ...

Indian logistics firm Delhivery has publicly contested the accuracy of the metrics presented by competitor Ecom Express in its draft initial public offering prospectus, a rare confrontation in the ...

New-age logistics firm Delhivery said it will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash deal is a distress sale for the ...

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 regulatory ...

Delhivery Acquires Ecom: New-age logistics company Delhivery Ltd on Saturday, April 5, informed that it will acquire its rival Ecom Express in an all-cash deal worth Rs 1,407 crore. This comes after ...

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 ...

Logistics player Delhivery will acquire Ecom Express Limited for ₹1,407 crore, amid Ecom Express’s layoffs. “The Board has approved the execution of Share Purchase Agreement amongst the Company, the ...

Ecom Express, which is backed by Warburg Pincus, Partners Group, and British International Investment, plans to raise Rs 2,600 crore via its IPO Logistics unicorn Delhivery has alleged in an exchange ...

In a significant acquisition, Delhivery is set to purchase Ecom Express for Rs 1,407 crore, consolidating its position in the logistics sector. Ecom Express has faced financial challenges and halted ...