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Delhivery to acquire Ecom Express for ₹1,407 crore

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9th April 2025, The Indian logistics market is about to witness a major consolidation, with Delhivery having announced its acquisition of rival e-commerce company Ecom Express. The acquisition is to happen for ₹1,407 crore. It would include both cash as well as stock components. It is to take place amid recent layoffs and suspension of IPO expansion, when Delhivery itself is navigatin... https://www.coherentmarketinsights.com/news/delhivery-to-acquire-ecom-express-for-inr1407-crore-1211

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