Delhivery Expands Horizons: Acquires Ecom Express for Rs 1,407 Crore

In a landmark move within the logistics sector, Delhivery Limited has announced its acquisition of a 99.4% stake in Ecom Express Limited for a cash consideration of Rs 1,407 crore. This strategic acquisition, approved during a board meeting on April 5, 2025, is set to position Delhivery as a dominant player in the logistics and supply chain industry.

Key highlights of the acquisition include:

- Delhivery will acquire nearly 99.4% of Ecom Express's share capital, making it a subsidiary.
- The acquisition is expected to be completed within six months, following the execution of the Share Purchase Agreement.
- Ecom Express, founded in 2012 and headquartered in Gurugram, is a full-stack, technology-driven logistics company.
- The deal is anticipated to enhance Delhivery's scale, strengthen its value proposition, and foster growth within the vendor ecosystem.
- Delhivery aims to leverage this acquisition to invest in network expansion, technology advancements, and service quality improvements.

This acquisition underscores Delhivery's commitment to innovation and growth, reflecting its vision to redefine logistics solutions in India and beyond.

Sources: Moneycontrol, NDTV Profit.