The acquisition closed on July 18 and Delhivery said the revenue retention from Ecom Express is tracking ahead of expectations.
With regulatory clearance now in hand, Delhivery is one step closer to completing one of the most significant logistics mergers in recent memory.
After posting its first full-year profit in FY25, Delhivery is doubling down on SaaS with Transport One — an AI-powered freight management platform built for India’s manufacturing backbone.
Delhivery says integration risk is lower as there is almost a '100 percent overlap' in the count of customers, who are familiar with its systems
Emkay Global said that despite the scale benefits which will be enjoyed by Delhivery post acquisition, there will be significant cost synergies which will have to be realized over the next 12-18 months.
India’s logistics sector just saw its second major distress deal in under three years. Behind it lies a tale of missed targets, lost clients, and shrinking valuations
Delhivery’s acquisition of Ecom Express may trigger a wave of consolidation in India’s third-party logistics sector, say analysts.
Delhivery raises concerns on comparisons made by Ecom on shipment volumes, profitability and capacity metrics
Ecom Express IPO is a combination of fresh issuance of shares worth Rs 1,284.5 crore, and an offer-for-sale (OFS) of up to Rs 1,315.5 crore by promoters and investor.