Delhivery Acquires India Operations of Aramex

Writankar Mukherjee & Sagar Malviya reporting for ETtech:

In an email to customers, Aramex India country manager Hector Crasto said: “Aramex is entering into a strategic relationship with Delhivery, who shall take over the domestic business of Aramex India. Accordingly, effective March 1, 2019, Aramex India will be discontinuing its domestic operations.”

Crasto wrote that Aramex in India will focus on its global competencies of express and freight and will continue the international business in the country. “However, as part of our strategic arrangement the pick-up/delivery of the shipment in India shall be done by Delhivery,” the email said.

The deal is set to be effective starting March 1st, 2019. I wonder how this is going to affect Aramex’s deal with dbrand.