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Delhivery to buy Ecom Exp for ₹1,400 cr
The New Indian Express Mysuru
|April 06, 2025
LOGISTICS services provider Delhivery Ltd on Saturday announced acquisition of Ecom Express Ltd for a cash consideration of about ₹1,400 crore.
The Gurugram-based company's board approved the "acquisition of shares equivalent to at least 99.4% of the issued and paid up share capital, on a fully diluted basis, of Ecom Express Ltd for a purchase consideration not exceeding ₹1,407 crore." The board has approved the execution of share purchase agreement amongst the company, Ecom Express, and thei
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