Partners Group will be acquiring a stake in Ecom Express, a provider of technology-enabled end-to-end logistics solutions to the Indian e-commerce industry, for over $250 million. Following the ...
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% ...
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 ...
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 ...
The Competetion Comission of India on Tuesday cleared logistics services provider Delhivery's proposal to acquire a majority stake in rival Ecom Express for about Rs 1,400 crore. C-2025/04/1274: CCI ...
Warburg Pincus has made a commitment to invest more than $130 million in Ecom Express. Based in Delhi, India, Ecom Express is a logistics solutions provider for the Indian ecommerce sector. Mumbai, ...
Delhivery said that no new technology integrations will have to be “created or changed” as part of the deal as there is a near total overlap between the two companies Delhivery said that Ecom Express ...
MUMBAI: Delhivery is acquiring rival Ecom Express in an all-cash deal for Rs 1,407 crore, the company said in a stock exchange filing on Saturday. The transaction which marks consolidation in the ...
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 regulatory ...
Ecom Express Limited (“Ecom Express”), a pure-play B2C e-commerce logistics solutions provider, has unveiled a new brand identity. This transformation reflects the company’s conscious commitment to ...
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 ...
New-age logistics player Delhivery said Saturday it will acquire its rival Ecom Express for Rs 1,407 crore - in what is a distress sale of the latter. Ecom Express had aimed to go public but cancelled ...