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What exactly went wrong for Ecom Express, especially after it was one of the first companies in this space to hit profitability?
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 ...
In a major consolidation move in the logistics sector, Delhivery on Saturday announced its decision to acquire rival Ecom Express Limited for a consideration not exceeding INR 1,407 crore.
Delhivery says customer overlap with Ecom Express won't hinder integration or growth and expects a ₹300 crore margin gain post-deal; to retain key staff and rationalise assets ...
Delhivery acquired Ecom Express at an 80% discount in the fragmented third-party logistics sector. While the deal improves ...
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 ...
Delhivery Limited and Ecom Express seek CCI approval for ₹1,400-crore deal, enhancing logistics services in Indian e-commerce ...
To secure the approval for the proposed acquisition in a deal valued at around Rs 1,400 crore, Logistics major Delhivery and ...
PE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the deal. The biggest consolidation move in the new-age ...
Delhivery is a publicly listed, integrated logistics company, while Ecom Express specialises in providing end-to-end ...
Logistic firm Delhivery Ltd and Ecom Express have sought Competition Commission of India's approval for their Rs 1,400-crore ...
Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal.