Shiprocket to soon file confidential prospectus for Rs 2,000-2,500 crore IPOShiprocket, backed by Zomato, is preparing to file for an IPO with SEBI, aiming to raise Rs 2,000-2,500 crore. The company, which manages s...
Japan's MUFG Bank, Koch Group seek CCI nod to acquire minority stakes in ShiprocketAccording to a notice, MUFG Bank, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc, has sought CCI nod for acquisition of a...
Zomato-backed Shiprocket posts 21% increase in FY24 operating revenueShiprocket was operationally profitable on a cash basis in the first two quarters of the ongoing financial year, Goel said, adding that he ...
Shiprocket’s D2C marketplace Zop in pilot stage: CEO Saahil GoelThe Zomato-backed ecommerce enablement startup aims to generate new demand for merchants and improve merchant experience in terms of lower ...
Tribe Capital’s new India investment vehicle to pump another $75 million in ShiprocketWill back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arj...
Shiprocket’s FY23 operating revenue surges 78% to Rs 1,089 crore; net loss widens nearly 4-foldExplaining the 3.6-fold increase in its loss, the company said that it acquired two businesses during FY23: retail software-as-a-service (S...
Dunzo shifts growth gears; Shiprocket is 20th unicorn of 2022After that round, the company stepped on the gas as it looked to expand operations amid intense competition from rivals like Swiggy’s Insta...
Shiprocket turns unicorn with $32 million fundingThis takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion ...
Shiprocket is 20th unicorn of 2022; Flipkart gives Walmart an ad boostShiprocket becomes India's 106th unicorn.
The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
Slice alters business model; SoftBank, Sequoia want firms to join ONDCThe new rule has forced Slice, which until now offered a revolving credit line to customers, to alter its business model.
PharmEasy may take 25% valuation cut; B Capital raises $250M for early-stage betsPharmEasy is ready to take a valuation cut of up to 25% to bag $200 million from investors amidst the ongoing funding winter, sources told ...
Shiprocket acquires Arvind Ltd’s Omuni for Rs 200 crore in cash and stockThe transaction will enable faster deliveries of shipments from the nearest store or warehouse, reducing delivery timelines and enhancing c...
E-commerce giants look to join hands with local retailers ahead of festive seasonFor the retailers, such partnerships with e-commerce is helping to liquidate inventory considering shopping has majorly moved to e-commerce...