Delhivery acquires Aramex India unit, deepening grip on e-commerce logistics market
Gurugram-based Delhivery has bought the India operations of Dubai courier giant Aramex, strengthening its position in India's $1.35B e-commerce logistics segment. Backed by Tiger Global and Carlyle, the near-unicorn handles 19 lakh shipments/day. Deal terms undisclosed.
Delhivery has acquired the India operations of Dubai-based Aramex, strengthening its position in India's e-commerce logistics market. Deal terms undisclosed. The Gurugram startup, near unicorn status, backed by Tiger Global and Carlyle, serves the fast-growing e-commerce delivery segment.