INVC NEWS
New Delhi — :India’s logistics sector just witnessed a game-changing move! Delhivery Ltd has acquired a majority stake in Ecom Express Ltd for a whopping ₹1,407 crore in cash. The deal, approved by the Competition Commission of India (CCI) on Tuesday, marks a major step toward reshaping the e-commerce logistics landscape.
What This Means for India’s Logistics Market
Delhivery, one of India’s leading listed logistics companies, will now control at least 99.44% of Ecom Express’s equity and preference shares. With this acquisition, Delhivery strengthens its grip over last-mile delivery, warehousing, and fulfillment — especially within the booming e-commerce space.
CCI Gives Green Light
The CCI approved the deal on the grounds that it won’t hurt market competition or create a monopoly. Officials confirmed that the acquisition is fully compliant with fair competition norms and will not disrupt the logistics ecosystem.
“This acquisition helps us scale better and serve customers more efficiently,” said a Delhivery spokesperson.
Why This Acquisition Matters
Ecom Express had a revenue of ₹2,607.3 crore in FY 2023–24 — a stable performance compared to ₹2,548.1 crore the previous year.
Delhivery, with its national footprint and tech-driven infrastructure, is poised to optimize Ecom Express’s delivery network.
The acquisition will help both companies cut operational costs, boost delivery speeds, and enhance warehouse integration across India.
Strategic Expansion in a Booming Market
This acquisition is not just about growth; it’s about dominance in the Indian logistics sector, especially as online shopping and same-day delivery become new norms.
With India’s e-commerce market expected to hit $200 billion by 2026, Delhivery is positioning itself to own the delivery chain from end to end.
