Ecom Express, once valued at Rs 7,000 crore, sold to Delhivery for Rs 1,407 crore in a distress deal

April 5, 2025

, By The Economic Times

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In a blow to its once-rich valuation, Delhivery is acquiring rival logistics firm Ecom Express in an all-cash deal for Rs 1,407 crore. The Gurugram-based company had been valued at around Rs 7,000 crore less than a year ago.

Here’s a timeline of how the once high-flying startup hit turbulence:

2012: Late T A Krishnan cofounded Ecom Express along with K Satyanarayana, Manju Dhawan, and Sanjeev Saxena—former Blue Dart executives. The company began operations in January 2013 from Gurugram, focusing on ecommerce logistics.

Rapid expansion: Ecom Express…

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Ecom Express, once valued at Rs 7,000 crore, sold to Delhivery for Rs 1,407 crore in a distress deal

April 5, 2025

, Published By The Economic Times

In a blow to its once-rich valuation, Delhivery is acquiring rival logistics firm Ecom Express in an all-cash deal for Rs 1,407 crore. The Gurugram-based company had been valued at around Rs 7,000 crore less than a year ago.

Here’s a timeline of how the once high-flying startup hit turbulence:

2012: Late T A Krishnan cofounded Ecom Express along with K Satyanarayana, Manju Dhawan, and Sanjeev Saxena—former Blue Dart executives. The company began operations in January 2013 from Gurugram, focusing on ecommerce logistics.

Rapid expansion: Ecom Express…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Vivo T4 5G set to launch in India soon: Expected price, features, and more

Next News

Indie App Spotlight: ‘Sofa’ keeps you organized during your downtime

The Economic Times

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