Delhivery acquires Aramex's India unit to expand e-commerce logistics footprint
Gurugram-based Delhivery, nearing unicorn status, has bought the India operations of Dubai's Aramex for undisclosed terms. The deal deepens Delhivery's e-commerce retail delivery reach amid stiff competition from Rivigo, Ecom Express and Xpressbees in a $1.35B market growing 36%.
Delhivery, a Gurugram-based logistics startup nearing unicorn status, has acquired the India operations of Dubai's Aramex. Deal terms undisclosed. The acquisition strengthens Delhivery's e-commerce retail logistics footprint amid competition from Rivigo, Ecom Express, and Xpressbees.
Why this matters
The Aramex India buy extends Delhivery's acquisitive push as it tightens its grip on e-commerce logistics, follows a turn to profitability, and comes as the firm anchors ₹2,347 cr ahead of its IPO.
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