Delhivery’s automated capacity management system is designed to solve this imbalance, the report said. According to the ...

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.

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 ...

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 ...

Ecom Express held a 27% shipment market share in FY24, trailing Delhivery, but struggled with low operating leverage and heavy reliance on a few clients—75% of sales came from its top five, versus 34% ...

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 Cr ...

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. The ...

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 ...

Bengaluru: Delhivery said it brought more than half of Ecom Express's volumes onto its platform after the acquisition received regulatory approval in June. It shifted all client contracts to what it ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global ...

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 ...