Delhivery acquires Aramex India unit, extending e-commerce logistics lead
Tiger Global-backed Delhivery buys the India operations of Dubai courier giant Aramex, deepening its e-commerce delivery footprint. Deal terms undisclosed. The move comes as Delhivery, handling ~19 lakh shipments/day across 30 fulfillment and 19 sorting centres, eyes a $450M round at a $1B+ valuation.
Delhivery acquires India operations of Dubai's Aramex, strengthening its e-commerce logistics footprint. Deal terms undisclosed; both firms confirmed the agreement. Move positions the Tiger Global-backed startup for unicorn status amid a growing India e-commerce delivery market.
Why this matters
The Aramex India buy extends Delhivery's e-commerce logistics lead as it approaches unicorn status, building on its network of 30 fulfillment and 19 sorting centres handling ~19 lakh shipments daily.
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