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Bloomberg Quint

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Image Credit: Bloomberg Quint

Delhivery To Acquire Ecom Express In Rs 1,407-Crore Deal

  • Delhivery Ltd. is set to acquire Ecom Express Ltd. in a Rs 1,407-crore deal.
  • The acquisition will involve obtaining shares equivalent to at least 99.4% of the issued share capital of Ecom Express.
  • Delhivery aims to enhance its scale and value proposition to clients through this acquisition.
  • The company expects the increased scale to support investments in service quality, technology, and research and development.

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