Delhivery Limited — JV/Acquisition, 17-07-2025: Acquisition

Delhivery has completed a strategic move, fully acquiring Ecom Express by securing a 99.87% stake on a fully diluted basis. The final purchase consideration is approximately INR 1,369 Cr. This acquisition is a significant step for Delhivery, expected to substantially strengthen its market position and expand its reach in the rapidly growing e-commerce logistics sector. By integrating Ecom Express, Delhivery aims to enhance its last-mile delivery capabilities and boost overall market share, cementing its leadership in India's competitive logistics landscape.