Logistics giant Delhivery acquires rival Ecom Express for ₹1,407 crore, making it a subsidiary within six months. The deal follows disputes over shipment metrics and aims to boost Delhivery’s scale, automation, and service quality. This strategic move reshapes India’s logistics landscape, enhancing Delhivery's capabilities and market presence.
source: Money control
Delhivery's Big Catch: Ecom Express for ₹1,407 Crore!