Delhivery acquires Aramex India unit to bolster e-commerce logistics lead
Gurugram-based Delhivery has bought the India operations of Dubai courier giant Aramex, deepening its grip on India's $1.35B e-commerce logistics market. Deal terms undisclosed. The move sharpens competition with Ecom Express, Xpressbees and Shadowfax as the segment grows a projected 36%.
Delhivery, the Gurugram-based e-commerce logistics startup, has acquired the India operations of Dubai's Aramex. Deal terms undisclosed. The move strengthens Delhivery's position in India's $1.35B e-commerce retail logistics market amid competition from Ecom Express, Xpressbees and Shadowfax.
Why this matters
The Aramex India acquisition follows Delhivery's ₹5,235 Cr IPO, which drew a slow start at 4% total subscription with retail at 23% in early hours, signaling aggressive expansion amid a cautious market debut.
Retail-company signals accelerating at +629300% QoQ.