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Early backers cry foul on Delhivery, Ecom Express deal
Mint Hyderabad
|June 06, 2025
The ₹1,407 crore all-cash deal values Ecom Express at one-fifth of its earlier IPO target of ₹7,000 crore
Minority investors in Ecom Express, holding roughly 0.6% of the e-commerce logistics firm, are weighing their avenues for divesting stakes. This follows the company's announcement of sale to larger rival Delhivery.
Delhivery's proposed buyout of Ecom Express—99.4% owned by Warburg Pincus, Partners Group, and British International Investment (BII)—left approximately 10 minority investors, with 0.6% to explore exit options.
This story is from the June 06, 2025 edition of Mint Hyderabad.
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