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CCI Update – Acquisition of Ecom Express Limited by Delhivery Limited

CCI Update – Acquisition of SML Isuzu Limited by Mahindra and Mahindra

The Competition Commission of India (“CCI”), vide Press Release No. 32/2025-2026,[1] dated June 17, 2025, granted approval for the proposed acquisition of at least 99.44% (ninety nine point four four percent) of the equity and preference shareholding, on a fully diluted basis of Ecom Express Limited (“Econ”) by Delhivery Limited (“Delhivery”).

Parties to the Combination

1. Delhivery, is a publicly listed Indian company and one of the leading integrated logistics service providers in the country. Its service portfolio includes:

    • Express parcel and heavy goods delivery
    • Full-truckload (FTL) and part-truckload (PTL) freight services
    • Warehousing and supply chain management
    • Cross-border express solutions

    Delhivery has invested extensively in automation, proprietary logistics technologies, and data intelligence to streamline and scale its operations.

    2. Ecom,is a public unlisted Indian company, specializing in logistics solutions for the Indian e-commerce sector. Its core services include:

    • Automated pickup, processing, delivery, and returns management
    • Reverse logistics
    • Storage and warehousing solutions

    Ecom has built a strong logistics network catering specifically to the demands of the growing e-commerce industry.


    [1] https://www.cci.gov.in/media-gallery/press-release/details/540/0