Delhivery acquires Aramex's India operations, nears unicorn status
Gurugram-based logistics startup Delhivery buys Dubai courier giant Aramex's India unit, strengthening its e-commerce delivery footprint. Deal terms undisclosed. Delhivery, handling 19 lakh shipments/day, plans a $450M raise valuing it over $1 billion amid a $1.35B Indian e-com logistics market.
Logistics startup Delhivery acquires Aramex's India operations, strengthening its position in India's e-commerce logistics market. Deal terms undisclosed; Delhivery nears unicorn status amid a planned $450 million raise valuing it over $1 billion.
Why this matters
Delhivery's Aramex India acquisition continues its e-commerce logistics expansion, echoing recent moves to deepen its delivery footprint and push toward unicorn valuation above $1 billion.
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