Overview
- On June 17, 2025, the Competition Commission of India cleared Delhivery’s proposal to acquire at least 99.44% of Ecom Express’s equity and preference shares.
- Delhivery announced the agreement in April to pay around Rs1,400 crore in cash for the controlling stake as part of its expansion strategy.
- Ecom Express recorded a turnover of Rs2,607.3 crore in the 2023-24 fiscal year, highlighting its role in India’s e-commerce logistics market.
- The acquisition required CCI clearance because its size exceeded regulatory thresholds designed to ensure fair competition.
- Upon completion, Delhivery expects the merger to enhance its network capacity and strengthen its service offerings for clients nationwide.