Delhivery to acquire Aramex India, deepening e-commerce logistics lead
Gurugram-based Delhivery has agreed to buy Aramex's India operations, adding scale in courier and e-commerce fulfilment as it nears unicorn status. Terms undisclosed and deal not yet closed. Backed by Tiger Global and Carlyle, Delhivery faces rivals Rivigo, Ecom Express and Xpressbees in a $1.35B market growing 36%.
Delhivery has agreed to acquire Aramex's India operations, strengthening its e-commerce logistics position. Terms undisclosed; deal not yet closed. Delhivery, backed by Tiger Global and Carlyle, is nearing unicorn status amid competition from Rivigo, Ecom Express and others.
Why this matters
The Aramex India deal builds on Delhivery's push toward unicorn status, echoing recent signals about it expanding and deepening its e-commerce logistics footprint through the same acquisition.
Retail-company signals are accelerating, up 576400% QoQ.