Archive · 18 Jun 2025
Delhivery Shares Rise as CCI Approves Ecom Express Acquisition
Delhivery, a company that delivers packages, received approval from the government to buy most of Ecom Express, another delivery company.
This means Delhivery will own almost all of Ecom Express.
Delhivery is paying about ₹1,407 crore for this.
Both companies help online stores get packages to people, especially in smaller cities.
The government checks these deals to ensure fair competition.
This acquisition helps Delhivery grow and become a stronger delivery service.
CCI approved Delhivery's acquisition of Ecom Express.
Delhivery will acquire at least 99.44% of Ecom Express's shares.
The deal is valued at approximately ₹1,407 crore.
The acquisition is expected to strengthen Delhivery’s last-mile delivery.
Delhivery's stock rose over 2% after the announcement.
- Who
- Delhivery acquired Ecom Express.
- What
- Delhivery acquired a majority stake in Ecom Express.
- When
- The CCI approved the acquisition on June 17, 2025.
- Where
- India
- Why
- To enhance Delhivery’s scale and strengthen its value proposition in the e-commerce market.
- Acquirer
- Delhivery
- Target
- Ecom Express
- Deal Value
- ₹1,407 crore
- Stake Acquired
- At least 99.44%
- Regulator Approval
- CCI
- Ecom Express Turnover (FY23-24)
- ₹2,607.3 crore
- Delhivery Stock Increase (Intra-day)
- 2.1%
