Delhivery Limited — Updates, 05-04-2025: Press Release

Delhivery Limited is set to acquire a controlling stake in Ecom Express Limited for approximately ₹1,400 Cr. This move is aimed at enhancing logistics services by leveraging synergies between the two companies. Sahil Barua, MD and CEO of Delhivery, emphasized that the acquisition supports improved cost efficiency, speed, and reach within the logistics sector, benefitting customers across both organizations through investments in infrastructure and technology. K. Satyanarayana, founder of Ecom Express, expressed confidence in Delhivery as an ideal partner for future growth, aligning with the shared goals of integrating operations to enhance service offerings. The transaction is contingent upon approval from the Competition Commission of India and customary closing conditions. This strategic acquisition positions Delhivery to strengthen its market leadership and expand its capabilities in the logistics space, signaling a positive outlook for its future growth trajectory.