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Resurfaced report,first published

Delhivery acquires Aramex India unit, tightening grip on e-commerce logistics

Delhivery has acquired the India operations of Dubai-based Aramex, strengthening its e-commerce logistics position. Terms undisclosed. The deal targets India's $1.35 billion e-commerce logistics market as Delhivery approaches unicorn valuation above $1 billion.

Newer report on another story , , ET Small Business : Alpha Wave exits Delhivery in Rs 665 cr block; Mirae trims Shadowfax as logistics backers cash out

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Reported figures

From the report. Source details below

$130 million round May 2017

Also in the report

  • $700-800 million valuation
  • $450 million planned raise
  • Rs 1,023.05 crore FY2018 operating income
  • $1.38 billion Aramex revenue

Other figures

  • $257.6 million raised
  • Rs 692.21 crore net loss
  • 36% growth expected

The source

Source Read the source at Financial Express

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