Delhivery expects consolidation wave with Ecom Express acquisition near completion
Delhivery expects more consolidation in the delivery ecosystem, and the era of suicidal pricing in the market has ended, the company said during its Q4 FY25 earnings call on Friday, adding that ‘qualified staff’ from acquired company Ecom Express will be absorbed into its operations. Sahil Barua, CEO and founder of Delhivery, said that aggressive deep discounting…