Delhivery acquires Aramex's India unit, deepening e-commerce logistics footprint
Gurugram-based Delhivery is buying Aramex India as it nears unicorn status. Having raised $257.6M and eyeing a $450M round, the deal strengthens its position in a $1.35B e-commerce logistics market projected to grow 36%. Terms undisclosed; deal reportedly nearing closure.
Delhivery has acquired Aramex's India operations, strengthening its e-commerce logistics footprint amid India's growing online retail delivery market. Terms undisclosed; deal reportedly nearing closure as Delhivery approaches unicorn status.
Why this matters
The Aramex India acquisition extends Delhivery's aggressive expansion, echoing repeated moves to broaden its e-commerce logistics footprint as it nears a $450M raise and unicorn valuation.
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