Delhivery acquires Aramex's India unit to deepen e-commerce logistics grip
Gurugram-based Delhivery buys the India operations of Dubai courier Aramex, expanding fulfillment capacity for online retail. The deal, not yet closed, comes as Delhivery eyes unicorn status via a planned $450M raise, having already raised $257.6M across six rounds at a $700-800M valuation.
Delhivery acquires Aramex's India operations (deal not yet closed) to strengthen its e-commerce logistics position, key infrastructure for Indian online retail fulfillment. Delhivery eyes unicorn status with a planned $450M raise.
Why this matters
The Aramex India buy extends Delhivery's e-commerce logistics push as it anchors ₹2,347 cr amid an India logistics IPO cycle nearing ₹8,000-9,000 cr and eyes a $450M raise for unicorn status.
Retail-company signals are accelerating, up 562000% QoQ.