Mumbai: It took less than a year for everything to unravel. In August 2024, India’s second largest business-to-consumer (B2C) logistics firm, Ecom Express, filed for an initial public offering.
Partners Group will be acquiring a stake in Ecom Express, a provider of technology-enabled end-to-end logistics solutions to the Indian e-commerce industry, for over $250 million. Following the ...
Indian logistics firm Delhivery has publicly contested the accuracy of the metrics presented by competitor Ecom Express in its draft initial public offering prospectus, a rare confrontation in the ...
Delhivery, one of the leading new-age logistics companies, has acquired its rival firm Ecom Express for a cash consideration of Rs 1,407 crore. In a notice to the stock exchanges on Saturday, ...
The Competetion Comission of India on Tuesday cleared logistics services provider Delhivery's proposal to acquire a majority stake in rival Ecom Express for about Rs 1,400 crore. C-2025/04/1274: CCI ...
Logistics services provider Delhivery Ltd on Saturday (April 5) announced the acquisition of Ecom Express Ltd for a cash consideration of about Rs 1,400 crore to scale up its business. In a regulatory ...
Logistics provider Ecom Express filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in August, seeking to raise Rs 2,600 crore through an initial ...
Ecom Express had intended to use proceeds from its IPO to scale up its business and expand its network infrastructure. (AI-generated image) “Over 500 people are expected to be laid off over the week ...
Competition Commission of India has approved the acquisition of Ecom Express Ltd by Delhivery Ltd. The deal size is around ₹1,400 crore. “The Proposed Combination comprises acquisition of at least ...
Delhivery Co-Founder & CEO Sahil Barua remarked that consolidation or exit was the “inevitable outcome” for loss-making rival industry players. Barua made the remarks during Delhivery’s Q4FY25 ...
BENGALURU: SoftBank-backed logistics firm Delhivery has claimed that IPO-bound Ecom Express used misleading data about the company in its draft initial public offering prospectus. Last month, Ecom ...