Delhivery to acquire Aramex's India operations, consolidating e-commerce logistics
Gurugram-based Delhivery is buying the India unit of Dubai courier giant Aramex to strengthen its position in India's $1.35 billion e-commerce logistics market. Deal terms remain undisclosed and are still being finalized. Delhivery, which has raised $257.6 million across six rounds, handles 19 lakh shipments a day.
Delhivery acquires India operations of Dubai's Aramex to strengthen its e-commerce logistics position, though deal terms are undisclosed and still being finalized. Move consolidates India's fast-growing e-commerce delivery market serving online retailers.
Why this matters
The Aramex India acquisition deepens Delhivery's e-commerce logistics foothold and pushes it toward unicorn status, following its muted IPO debut with just 4% subscribed in the first two hours.
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