Delhivery to acquire Ecom Express for ₹1,407 crore in bold e-commerce expansion move

Logistics major Delhivery Ltd. today said it intends to acquire Ecom Express in a deal worth ₹1,407 crore. The shares will represent at least 99.4% of the issued share capital of Ecom Express.

This move is expected to significantly strengthen Delhivery's position within the e-commerce supply chain landscape.Delhivery, an India-based logistics and supply chain services company, offers end-to-end solutions across the delivery ecosystem.

Its services include parcel transportation, warehousing, freight, reverse logistics, cross-border solutions, and supply chain software.Delhivery serves B2B and D2C clients with express parcel delivery, heavy goods shipment, and same/next-day delivery.

The company also provides a range of digital tracking, inventory management, and network optimization tools.Delhivery’s pan-India infrastructure, advanced technology platform, and diversified operations empower businesses of all sizes to optimize their logistics, increase efficiency, and deliver a seamless customer experience.

Founded in 2012 and headquartered in Gurugram, Ecom Express is a full-stack, technology-driven logistics company with a pan-India presence, covering over 27,000 pin codes.

It offers comprehensive services including first-mile pickup, mid-mile transportation, last-mile delivery, reverse logistics, and fulfillment solutions.

For the fiscal year ending March 31, 2024, Ecom Express reported revenues of ₹2,607 crore ($314 million), a slight increase from ₹2,548 crore in FY23, reflecting steady growth in India's competitive logistics sector.In January 2025, Delhivery launched 'Rapid Commerce,' a sub-two-hour delivery service designed to meet rising consumer demand for faster order deliveries. Initially rolled out in Bengaluru, the service quickly began processing upwards of 300 orders per day.

By leveraging Rapid Commerce, Direct-to-Consumer (D2C) brands, retailers, and e-commerce platforms can deliver products faster by reducing delivery times and improving customer satisfaction.

Delhivery’s move to acquire Ecom Express is seen as a strategic effort to consolidate its position in the competitive e-commerce logistics market.