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DELHIVERY ACQUISITION
Delhivery CEO Sahil Barua says ecommerce driving company’s improved performanceDelhivery's growth is surging, fueled by booming e-commerce, especially from D2C brands and specialized online retailers. Founder Sahil Bar...- ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil BaruaGurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until th...
- Delhivery’s Barua bets on consolidation; Amazon, Flipkart’s qcomm price warHappy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and mor...
- Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
- Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Delhivery shares rally 5% as Q1 profit jumps 68% YoY; Motilal Oswal raises target priceDelhivery share price: Delhivery posted a net profit of Rs 91 crore for the June quarter, supported by stable revenues and improved operati...
- Delhivery Q1 Results: Net Profit surges 68% YoY to Rs 91 croreDelhivery reported a significant 68.5% year-on-year increase in net profit for the first quarter, reaching ₹91 crore, driven by efficient o...
- Delhivery shares surge 2% as CCI approves Rs 1,407-crore Ecom Express dealThe Competition Commission of India has approved Delhivery's acquisition of Ecom Express. This deal is worth approximately Rs 1,407 crore. ...
- CCI approves Delhivery’s acquisition of Ecom, M&M-SML Isuzu dealThe Competition Commission of India (CCI) has approved Delhivery's acquisition of Ecom Express and Mahindra & Mahindra's (M&M) acquisition ...
- CCI approves Delhivery's acquisition of Ecom ExpressThe Competition Commission of India (CCI) has approved new-age logistics firm Delhivery's acquisition of its rival Ecom Express.
- Delhivery anticipates smooth routing of Ecom Express volumes into its network post acquisitionDelhivery will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash d...
- Delhivery shares slide after Rs 1,407 crore Ecom Express deal. Should you invest?Delhivery shares fell 8% after announcing a Rs 1,407 crore all-cash acquisition of rival Ecom Express—one of India’s biggest logistics cons...
- Delhivery shares in focus as company set to acquire Ecom Express in Rs 1,407 crore dealDelhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling majo...
- Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
- Delhivery’s chief customer experience officer Abhik Kumar Mitra resignsMitra was the chief executive of Spoton — a logistics firm Delhivery acquired in 2021 before its initial public offering (IPO) for about $3...
- CCI approves FedEx India's minority stake-buy in DelhiveryUnder the proposed combination, FedEx India will acquire a minority stake in Delhivery on fully diluted basis along with certain minority i...
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