Delhivery acquires Aramex's India unit, expanding e-commerce logistics footprint
Gurugram-based Delhivery buys the India operations of Dubai courier giant Aramex, deepening its position in India's $1.35B e-commerce logistics market growing at 36%. Deal terms undisclosed. The near-unicorn has raised $257.6M across six rounds and is planning a $450M raise.
Delhivery acquires Aramex's India operations, strengthening its e-commerce logistics foothold. Deal terms undisclosed. The Gurugram-based startup, nearing unicorn status, serves India's fast-growing e-commerce delivery market critical to online retail fulfillment.