<ul><li>Delhivery has acquired rival firm Ecom Express for Rs 1,407 crore.</li><li>The acquisition will provide Delhivery with scale and enhance its value proposition in the market.</li><li>Ecom Express is a logistics service provider for the retail and ecommerce industry, while Delhivery is a leading logistics startup.</li><li>Delhivery reported a 114% YoY increase in consolidated profit in Q3 FY25, reaching Rs 25 crore.</li></ul>

Logistics unicorn Delhivery acquires rival Ecom Express for Rs 1,407 Cr

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