Zomato shares rally after management denies Shiprocket acquisition plansOn Thursday, Bloomberg had reported that Zomato has made an offer to acquire Shiprocket, which runs Bigfoot Retail Solutions, by valuing th...
22 Dec, 2023, 11.14 AM IST
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
21 Dec, 2023, 08.08 PM IST
ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
19 Aug, 2022, 06.23 PM IST
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...
18 Aug, 2022, 07.52 AM IST
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 ...
17 Aug, 2022, 09.10 PM IST
Shiprocket is 20th unicorn of 2022; Flipkart gives Walmart an ad boostShiprocket becomes India's 106th unicorn.
17 Aug, 2022, 07.40 PM IST
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...
19 Jul, 2022, 07.29 PM IST
Xpressbees enters D2C delivery business after Shiprocket's Pickrr dealXpressbees said it will offer same-day and next day deliveries to D2C brands and large offline brands which are tapping into online commerce
21 Jun, 2022, 11.38 AM IST
Shiprocket takes majority stake in Pickrr in a $200 million deal, closing Shyplite buy tooZomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite...
15 Jun, 2022, 09.20 AM IST
Zomato likely to sign Blinkit deal on June 17Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year.
06 Jun, 2022, 11.08 PM IST
Logistics cos Delhivery, Ecom Express in tussle with aggregators over shipment ratesLast month, Delhivery, Ecom Express and Xpressbees simultaneously increased shipment prices for the aggregators for trying to poach their c...
09 May, 2022, 12.11 PM IST
Zomato’s Deepinder Goyal transfers his Blinkit shares to Tiger GlobalThe share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...
04 Feb, 2022, 09.21 AM IST
Zomato-backed Shiprocket acquires B2B logistics aggregator RocketboxThe Rocketbox founders will join the Shiprocket leadership team, and continue to build the cargo product as part of this deal, a statement ...
14 Jan, 2022, 11.42 AM IST
Shiprocket acquires RocketboxTogether, Shiprocket and Rocketbox bring a robust combination of technology, efficiency, expert cargo partners, and lower shipping costs to...
14 Jan, 2022, 11.37 AM IST
Zomato-backed Shiprocket to acquire 75% stake in Wigzo TechThe proposed strategic acquisition will enable Shiprocket to expand its product stack for online retailers onboarding its platform, among o...
07 Jan, 2022, 12.02 PM IST
ETtech Deals Digest: DealShare, Shiprocket raise funds this weekStartups raised smaller funding rounds this week compared to the previous one. Social commerce platform DealShare and logistics aggregator ...
09 Jul, 2021, 06.52 PM IST
For small firms, delivering goods is still a struggleAccording to a survey of 350,000 online sellers conducted by e-commerce logistics firm ShipRocket, a majority of online sellers have shut s...
09 Apr, 2020, 11.02 AM IST