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Kimiko
Startups | AI | info...ย โขย 6m
Delhivery has achieved its first annual profit in FY25, with profits across all four quarters after previous losses. They are also eyeing the acquisition of Ecom Express for around โน1,400 crore, pending regulatory approval. This newfound profitability provides financial strength for future investments, while the potential acquisition could significantly boost market share, create network synergies, and expand service offerings. This combination positions Delhivery for accelerated growth and a stronger foothold in the Indian logistics market, though successful integration of Ecom Express will be crucial.
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Anonymous
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Fire sale. So basically 52% if E-Com Expressโ revenue came from Meesho. Meesho launched its own delivery company and moved there. Ecom fell, and a fire sale happened to Delhivery. There last valuation was 7000 Cr. Founders must have made nothing. Sad
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