Ecom Express

CCI clears Delhivery's ₹1,400 crore acquisition of Ecom Express stake

Fair trade regulator CCI on Tuesday cleared logistics services provider Delhivery's proposal to acquire a majority stake in Ecom Express for about Rs 1,400 crore. "The proposed combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Ltd (Ecom) by Delhivery Ltd," the Competition Commission of India (CCI) said in a release. Delhivery is an integrated logistics player and provides a full-range of logistics services while Ecom Express is an unlisted entity which provides logistics solutions to the Indian e-commerce industry. "CCI approves acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Ltd by Delhivery Ltd," the competition watchdog said in a post on X. In April, Delhivery announced the acquisition of Ecom Express for a cash consideration of about Rs 1,400 crore to scale up its business. The company said it has "signe

Delhivery, Ecom Express seek CCI nod for their Rs 1,400-crore deal

Logistic firm Delhivery Ltd and Ecom Express have sought Competition Commission of India's approval for their Rs 1,400-crore deal. Under the deal announced on April 5, Delhivery will acquire a controlling stake in Ecom Express for a cash consideration of Rs 1,400 crore. While Delhivery is a listed integrated logistics player, Ecom Express provides logistics solutions to the Indian e-commerce industry. According to the notice submitted to the regulator, the relevant products and geographic markets can be left open, given that the proposed deal will not lead to any change in the competitive dynamics, let alone cause any appreciable adverse effect on competition, in any market in India. Against the backdrop of potential business overlaps, the notice has mentioned that with respect to horizontal overlaps, the markets for provision of express parcel delivery services in India, and for provision of warehousing and supply chain services in India can be considered as relevant ones. In ter

Delhivery says Ecom Express overlap won't complicate integration or growth

Logistics firm Delhivery expects margin accretion of ₹300 crore over two quarters post-deal

Delhivery shares slip 10% from intra-day's high on heavy volumes

On Monday, April 7, 2025, the stock price of Delhivery had gained 4 per cent to ₹268.45 after the company announced its acquisition of Ecom Express for ₹1,400 crore in an all-cash deal.

Why are Delhivery shares outperforming despite market crash? Details here

The rise in the Delhivery share price came after the company announced on April 5 that it had signed a definitive agreement to acquire a controlling stake in Ecom Express for about ₹1,400 crore

Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal

The acquisition will enable Delhivery to service customers of both companies better through investments in infrastructure, technology, network and people, according to the company's CEO

IPO-bound Ecom Express used incorrect numbers in DRHP, says Delhivery

These are related to metrics such as shipment volumes, Service EBITDA and cost per shipment

E-commerce logistics firm Ecom Express files for Rs 2,600 cr worth IPO

The IPO will consist of a fresh issue of shares worth up to Rs 1,285 crore while existing investors will offload shares aggregating to Rs 1,316 crore

Delhivery, Xpressbees venture into quick-commerce to meet soaring demand

Gurgaon-based Delhivery has started overseeing larger warehouses for Swiggy Instamart while Xpressbees is discussing partnerships with key players in the industry

Breaking barriers: Women delivery partners make their presence felt

Logistic companies are also launching multiple initiatives to increase the participation of women

Logistics unicorn Ecom Express sets up warehouse to serve Bengaluru

Fulfilment centre will create close to 1000 direct and indirect jobs, says company

Ecom Express to onboard over 50,000 delivery partners by September

Logistics services provider Ecom Express on Monday announced that it will onboard over 50,000 delivery partners by September-end under its flagship programme 'Ecom Sanjeev'. The company said it is expecting a spike in e-commerce order deliveries during the festival season and seeks to further strengthen its last-mile capabilities. Under the 'Ecom Sanjeev' programme launched last year, the company has created opportunities for delivery partners such as students, homemakers, freelancers and part-timers, among others, Ecom Express said. "When it comes to e-commerce order deliveries, customers expect timely service. In times when the number of parcels is continuously increasing, owing to industry growth, we have clearly seen the advantage of having gig workers to help strengthen our delivery capabilities, especially to meet the anticipated surge in customer demand during the festive season," said Ashish Sikka, Chief Strategy Officer, Ecom Express. The company, he said, will continue to

Meesho eyes 1.2 bn shipments by next year using third-party logistics

SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players

Ecom Express aims to have 50% of its fleet transitioned to EVs by 2025

Ecom Express has been working to put in place the infrastructure to support the EV roll-out including the charging facility.

Ecom Express expands to Bangladesh, invests Rs 80.6 cr in Paperfly

Logistics solutions provider Ecom Express on Tuesday said it has invested USD 11 million (about Rs 80.6 crore) in Bangladesh's largest third-party e-commerce logistics (3PL) firm, Paperfly.

Ecom Express to create 30,000 temporary jobs ahead of festive sales

E-commerce firms see a large chunk of their business coming in during festive sales and they make significant investments ahead of time to ramp up capacity

Logistics provider Ecom Express to hire over 7,000 employees in 2 months

The hiring of new employees is driven by unprecedented need to keep the supply chain running for the e-commerce industry and in ensuring safe and timely deliveries

UK's CDC Group invests $36 mn in Warburg Pincus-backed Ecom Express

Ecom Express offers express delivery to the e-commerce industry; claims its network reaches 90% of India's population

CDC Group invests $36 million in Warburg Pincus-backed Ecom Express

The fund will work with Ecom Express to transit a proportion of its distribution fleet to electric vehicles

Ecom Express bullish on growth, to raise funds by yr-end

Ecom has recently opened its 1,000th delivery centre in Machilipatnam in Andhra Pradesh and now covers the whole state