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Delhivery Secures CCI Approval to Acquire Majority Stake in Ecom Express

The approval clears the final regulatory hurdle for Delhivery’s Rs1,400 crore deal to take control of roughly 99.4% of the Gurugram-based courier firm.

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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.