Delhivery to acquire Aramex India, deepening e-commerce logistics footprint
Gurugram-based Delhivery has agreed to buy the India operations of Dubai's Aramex, adding scale in a market shipping 19 lakh packages a day. Terms undisclosed and deal not yet closed, but the move sharpens Delhivery's edge against Rivigo, Ecom Express and Xpressbees in a $1.35 billion e-commerce logistics arena.
Delhivery has agreed to acquire the India operations of Dubai-based Aramex, strengthening its e-commerce logistics footprint. Terms undisclosed; deal not yet closed. Move bolsters Delhivery's position in India's fast-growing retail delivery market against rivals like Rivigo and Ecom Express.
Why this matters
The Aramex India buy follows Delhivery's push toward unicorn status and its recent IPO, which drew 4% subscription in its first two hours with the retail portion at 23%, reinforcing its logistics consolidation strategy.
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