The Competition Commission of India has approved Delhivery Limited's acquisition of at least 99.44 per cent equity and preference shares of Ecom Express Limited on a fully diluted basis.

Delhivery Limited, a publicly listed Indian logistics company, will acquire this substantial stake in Ecom Express, an unlisted Indian firm specialising in logistics for the e-commerce sector. Delhivery offers a comprehensive range of logistics services including express parcel and heavy goods delivery, full and part truckload freight, warehousing, supply chain management with software solutions, value-added services, and cross-border express operations. The company operates via an extensive network of domestic and international partners and invests heavily in automation, proprietary logistics technology, and data intelligence.

Ecom Express provides integrated logistics solutions tailored to India's e-commerce industry. Its offerings include automated pickup, processing, network operations, delivery, reverse logistics, and returns management. Additionally, Ecom provides storage and warehousing services.

This acquisition positions Delhivery to strengthen its logistics capabilities and expand its footprint in the fast-growing e-commerce logistics market.