What exactly went wrong for Ecom Express, especially after it was one of the first companies in this space to hit ...

Weeks after Delhivery announced plans to acquire Ecom Express for INR 1,407 Cr, the companies have moved CCI to seek approval ...

In a report from August 2024, prepared for Ecom Express’ IPO, Redseer stated that the cost per shipment for Ecom Express’ express delivery was ₹ 39.65 in FY24 and nearly ₹ 56 for Delhivery.

And Delhivery, India’s prominent player in this industry, was in the spotlight recently after signing a definitive agreement to acquire a controlling stake (99.4 per cent) in Ecom Express.

This sums up the journey of Ecom Express, once India’s second-largest third-party logistics company after Delhivery. The ₹1,407-crore acquisition comes as the logistics sector grapples with ...

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.

Delhivery expects its recent acquisition of rival Ecom Express to enhance its scale and improve profitability, the logistics unicorn said in a regulatory filing on April 11, seeking to address ...

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 ...

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 ...

Delhivery Ltd has sought CCI approval to acquire a controlling stake in Ecom Express for Rs 1,400 crore in an all-cash deal.

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 ...