Delhivery acquires Aramex's India unit, tightening grip on e-commerce logistics
Gurugram-based Delhivery buys the India operations of Dubai courier giant Aramex, adding fulfillment and sorting capacity as it nears unicorn status. Deal terms undisclosed and not yet closed; Delhivery plans to raise up to $450M against a $700-800M valuation.
Delhivery acquired the India operations of Dubai-based Aramex, strengthening its position in India's e-commerce logistics market. Deal terms undisclosed and not yet formally closed. Delhivery is nearing unicorn status with plans to raise $450M.
Why this matters
The Aramex India deal extends Delhivery's acquisition streak after buying retail tech startup Primaseller and securing an RBI Type II NBFC licence, deepening its e-commerce logistics and merchant reach.
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