Delhivery acquires Aramex India unit, deepening e-commerce logistics footprint
Gurugram near-unicorn Delhivery has bought the India operations of Dubai courier giant Aramex, adding fulfilment and sorting capacity as it competes with Ecom Express, Xpressbees and Shadowfax in India's $1.35B e-commerce logistics market growing at 36%.
Delhivery, a near-unicorn Gurugram logistics startup, acquired the India operations of Dubai's Aramex, strengthening its e-commerce logistics footprint. Deal terms undisclosed; Delhivery is backed by Tiger Global, Carlyle, and others amid a growing Indian e-commerce delivery market.
Why this matters
The acquisition extends Delhivery's push to expand e-commerce logistics reach, following prior signals confirming its move to buy Aramex's India unit and deepen sorting and fulfilment capabilities.
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