Delhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling major consolidation in India’s logistics sector. The deal marks an 80% drop in Ecom Express’s valuation, with key PE investors exiting. Delhivery aims to boost scale and efficiency, while the acquisition awaits regulatory approval and is expected to close within six months.