Delhivery to acquire Ecom Express for Rs 1,407 Cr

Delhivery is set to acquire Ecom Express for ₹1,407 crore. This strategic acquisition will significantly enhance Delhivery's market share and strengthen its position in the e-commerce logistics sector. The merger will combine the strengths of both companies, creating a larger and more integrated logistics network. This move reflects the ongoing consolidation in the rapidly growing e-commerce and logistics space in India. The acquisition is expected to improve service capabilities and efficiency for both Delhivery and the combined entity.