HomeStartupsEcom Express targets $170 million via rights issue

Ecom Express targets $170 million via rights issue

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Ecom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postponed a public listing like Delhivery and Xpressbees. Serving Meesho, Ecom Express ventures into quick-commerce sector.

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