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Delhivery has secured CCI approval to acquire a 99.4% stake in Ecom Express for approximately ?1,400?crore. The deal, announced in April, will give Delhivery full control over Ecom Express - a Bengaluru-based e?commerce logistics provider with ?2,607?crore in FY24 turnover. This acquisition is expected to significantly boost Delhivery’s scale, operational efficiency, and client offerings by integrating Ecom Express’s network and services - a key step in strengthening its foothold in India’s e?commerce logistics market
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