ecom express

Delhivery Ltd has sought CCI approval to acquire a controlling stake in ecom express for Rs 1,400 crore in an all-cash deal. Both companies believe the transaction won't significantly impact competition, citing potential overlaps in express parcel delivery and warehousing. The deal aims to enhance customer service through investments in infrastructure and technology, aligning with India's growing logistics needs.

Delhivery is acquiring ecom express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by ecom express, which had to stall its public listing plans and lay off hundreds of employees.

In a significant acquisition, Delhivery is set to purchase ecom express for Rs 1,407 crore, consolidating its position in the logistics sector. ecom express has faced financial challenges and halted its IPO plans. The acquisition is pending approval from the Competition Commission of India and will see ecom express operate as a Delhivery subsidiary.

Sahil Barua, Delhivery's CEO, has resigned from Swiggy's board as an independent director, citing increased work commitments, effective April 11, 2025. He joined Swiggy in 2022 and expressed gratitude for his time there. This comes as Delhivery expands its logistics footprint, recently acquiring a controlling stake in ecom express for Rs 1,407 crore.

Bengaluru residents now have access to an ultra-fast drone delivery service for medicines, groceries, and electronics. The service, launched by Skye Air, features drones capable of carrying up to 10kg per trip, navigating via Skye Tunnel, and ensuring deliveries in under seven minutes. Key partners include Shiprocket and ecom express.

New Delhi, Aug 14 () ecom express, the Warburg Pincus-backed logistics services firm, is aiming to triple shipments to 150 million units this fiscal, riding on rapid e-commerce sector growth in the country.

Ramachandran was the branch manager of ecom express in Pollachi.Police said he was in neck-deep debt.Amjathkhan and Aravindhan were also in need of money for the construction of house and sister's marriage, respectively.

9.48 lakh from its branch on Sungam Bypass Road after threatening the supervisor there at knife point.

FTL is shipping mode where the truck is used to carry one full shipment and does not stop on its journey to pick up goods, leading to cheaper shipping costs and faster delivery.

Agra resident Sudhir Bhardwaj lost his trust in online shopping when he opened a box supposed to contain high-end electronic gadgets which he had ordered online, but instead found sand and empty casing.

Hiring in the banking, financial services and insurance (BFSI) sector, and certain segments of retail are yet to pick up substantially in spite of the onset of the festive season, Quess Corp, one of the largest private sector employers in the country, said.

TOI discovered that a website, genuinedealzz.com, had been using social media such as Facebook to announce lucrative deals for expensive gadgets. On Tuesday, Agra police caught two men working for a courier service provider, who had been delivering garbage-filled boxes instead of gadgets.

The website says: We deliver parcels from your own website and other e-commerce channels. This makes it clear that Amazon Shipping is open to third-party vendors as well. Amazon has partnered with local companies Shiprocket, Unicommerce, Easyecom, Clickpost and Vinculum for order and delivery management systems, as per the website.

New age logistics startup XpressBees has raised a new round of $110 million from Norwest Venture Partners, Investcorp and Gaja Capital as the demand for e-commerce delivery services has reached new high due to the Covid-19 pandemic.