Ecom Express’ Acquisition To Boost Profitability: Delhivery

Delhivery said that no new technology integrations will have to be “created or changed” as part of the deal as there is a near total overlap between the two companies

Delhivery said that Ecom Express reported a net loss of INR 398 Cr in 9M FY25 as compared to INR 215 Cr loss reported for the entire FY24

The clarification came nearly a week after Delhivery announced that it would acquire a 99.4% stake in Ecom Express for INR 1,407 Cr in an all-cash deal

Logistics major Delhivery has said that its INR 1,407 Cr…