Logistic agency Delhivery Limited and Ecom Express have sought Competition Commission of India’s approval for their ₹1,400-crore deal.
Under the deal introduced on April 5, Delhivery will purchase a controlling stake in Ecom Express for a money consideration of ₹1,400 crore.
While Delhivery is a listed built-in logistics participant, Ecom Express offers logistics options to the Indian e-commerce business.
According to the discover submitted to the regulator, the related merchandise and geographic markets may be left open, on condition that the proposed deal won’t result in any change within the aggressive dynamics, not to mention trigger any considerable adversarial impact on competitors, in any market in India.
Against the backdrop of potential enterprise overlaps, the discover has talked about that with respect to horizontal overlaps, the markets for provision of categorical parcel supply companies in India, and for provision of warehousing and provide chain companies in India may be thought of as related ones.
In phrases of vertical relationships, the related markets for provision of intralogistics automation companies in India (on the upstream stage), and for provision of logistics companies in India (on the downstream stage) may be thought of, as per the discover.
Further, the discover mentioned the proposed transaction displays the Indian financial system’s steady requirement for enhancements in value effectivity, pace and attain of logistics.
“The proposed transaction will enable the parties to service their customers better, through continued investments in infrastructure, technology, network and people,” it added.
Mergers and acquisitions past a sure threshold mandatorily require the approval from CCI, which retains a tab on anti-competitive practices and promotes honest competitors available in the market place.
Published – April 19, 2025 11:34 pm IST
