Delhivery, a prominent player in the logistics sector in India, is making headlines with its acquisition of Ecom Express for a whopping Rs 1,407 crore. This move is expected to strengthen Delhivery’s position in the market significantly. Ecom Express, which has been grappling with financial difficulties and had to put a pause on its IPO plans, will now become a subsidiary of Delhivery pending approval from the Competition Commission of India. This acquisition is poised to bring about synergies between the two companies and create a more robust logistics network in the country. Delhivery’s strategic decision to acquire Ecom Express showcases its commitment to expanding its market share and enhancing its service offerings. Stay tuned for more updates on this game-changing development in the logistics industry in India.