The deal involves Delhivery acquiring at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) in Ecom Express
The Competition Commission of India (CCI) has cleared Delhivery’s proposed acquisition of a near-complete stake in Ecom Express, marking a significant consolidation in India’s logistics sector.
According to a statement from the regulator, the deal involves Delhivery acquiring at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) in Ecom Express, an unlisted logistics firm focused on ecommerce.
Delhivery, a publicly listed integrated logistics company, operates across a range of verticals including express parcel delivery, heavy goods movement, full truckload (FTL), part-truckload (PTL) freight, warehousing, supply chain solutions, and cross-border express logistics. The company has invested heavily in automation, proprietary logistics technology and data intelligence, and works through both domestic and global partner networks.
Ecom Express, on the other hand, provides end-to-end logistics support tailored for the Indian e-commerce sector. Its services include automated pickup, delivery, returns management, and warehousing solutions.
The CCI’s approval clears the way for Delhivery to significantly bolster its presence in last-mile and reverse logistics, key segments in the growing e-commerce supply chain ecosystem. Industry analysts see the acquisition as a move to streamline operations and reduce duplication in network infrastructure while enhancing Delhivery’s ability to cater to high-volume ecommerce shipments with improved turnaround times.
The combination is expected to create operational synergies and enhance service quality across urban and rural markets, especially in the competitive express logistics segment. Further details of the transaction, including the timeline and valuation, have not been officially disclosed.
