Delhivery acquires Aramex India unit to deepen e-commerce logistics footprint
Tiger Global- and Carlyle-backed Delhivery is buying the India operations of Dubai courier Aramex, bolstering its position in a $1.35B e-commerce logistics market growing 36%. Deal terms undisclosed and yet to close, arriving ahead of a planned $450M raise that could push Delhivery to unicorn status.
Delhivery acquires India operations of Dubai-based courier Aramex, strengthening its e-commerce logistics footprint. Deal terms undisclosed and yet to close. Delhivery, backed by Tiger Global and Carlyle, is nearing unicorn status ahead of a planned $450M raise.
Why this matters
The Aramex India acquisition reinforces Delhivery's expansion push in e-commerce logistics, extending its footprint and courier reach as it approaches a major funding round and potential unicorn valuation.
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