2 weeks Ago
Delhivery, a leading logistics provider, announced that it is acquiring Ecom Express on Saturday, April 5. Its acquisition of Ecom Express valued at up to INR 1,407 crore. The transaction, which sees Delhivery acquiring a 99.
4% stake in Ecom Express, is considered one of the most significant moves in India's highly fragmented logistics sector. As per a report of CNBC TV18 , the deal, which has been approved by the board, will result in Ecom Express becoming a subsidiary of Delhivery within six months, subject to regulatory approvals. Skype Shutdown on May 5, 2025: Microsoft To Migrate All Users to Teams, Encourages Users To Login With Skype ID to New Platform Before Deadline.
#Delhivery approves acquisition of #EcomExpressLimited for Rs 1,407 crore. For the latest news and updates, visit: https://t.co/by4FF5o0Ew pic.
twitter.com/DHqA91qQBL — NDTV Profit (@NDTVProfitIndia) April 5, 2025 🚨 BREAKING: Logistic firm Delhivery to acquire Ecom Express for an amount not exceeding Rs 1,407 crore pic.twitter.
com/HLqbyhWE6a — Chandra R. Srikanth (@chandrarsrikant) April 5, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body.
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