Ecom Express Nears IPO Filing, Receives Board Approval for Rs 2,600 Crore Offering - Funding Raised

Ecom Express Nears IPO Filing, Receives Board Approval for Rs 2,600 Crore Offering

Logistics firm Ecom Express has gained board approval for an IPO worth Rs 2,600 crore, comprising a Rs 1,284 crore fresh issue and a Rs 1,316 crore offer for sale. Major investors like Warburg Pincus are expected to participate. The company previously delayed an IPO in 2022.

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