Delhivery acquires Aramex India operations to expand e-commerce logistics footprint
Gurugram-based Delhivery has agreed to buy the India unit of Dubai courier giant Aramex, deepening its position in a $1.35 billion e-commerce logistics market growing ~36%. Terms undisclosed; deal not yet fully closed per company officials.
Delhivery has acquired the India operations of Dubai-based courier Aramex, strengthening its e-commerce logistics footprint. Terms undisclosed and deal not yet fully closed, per company officials confirming the agreement.
Why this matters
The Aramex India acquisition builds on Delhivery's push to deepen its e-commerce logistics footprint as it nears unicorn status alongside a planned $450M raise.
Retail-company signals are accelerating, up +609800% QoQ.