Delhivery acquires Aramex's India unit, tightening grip on e-commerce logistics
Gurugram-based Delhivery buys the India operations of Dubai courier giant Aramex, adding fulfillment and sorting capacity as it nears unicorn status. Deal terms undisclosed and not yet closed; Delhivery plans to raise up to $450M against a $700-800M valuation.
What happened
Delhivery acquired the India operations of Dubai-based Aramex, strengthening its position in India's e-commerce logistics market. Deal terms undisclosed and not
Key facts
- 30 fulfillment centres
- 2,500+ delivery partners
- 19 sorting centres
- $257.6M raised
- $700-800M valuation
- Rs 1,023.05 crore operating income
- Rs 692.21 crore net loss
- $1.35B e-commerce logistics market 2018
- 36% projected growth
Why this matters
Aramex's exit from its India unit hands Delhivery inorganic scale in fulfillment and sorting, tightening its e-commerce logistics grip and raising the bar for competitors weighing consolidation moves.
What to watch
- Deal-close confirmation and any regulatory/CCI review
- Funding round completion and final valuation print
- Aramex enterprise-client retention post-integration
- Competitor M&A or pricing responses
- Peak-season shipment volume and cost-per-parcel trends
- Close the Aramex India transaction and disclose terms/valuation
- Launch the $450M funding round at $700-800M valuation
- Migrate Aramex client contracts and rebadge fulfillment/sorting assets
- Rationalize overlapping routes and optimize FC footprint pre-festive season