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Beyond metros: How small towns are driving the next wave of India’s e-commerceIndia's e-commerce boom is expanding beyond metros, with Tier-2 and Tier-3 cities now driving significant new demand. Improved internet, di...- Ecommerce enablement platform Shiprocket to mop up $26 million from a clutch of investorsUS conglomerate Koch Group, Japan-based MUFG Bank, Silicon Valley investor Tribe Capital, Susquehanna International Group, and Huddle Ventu...
- CCI clears ADIA arm’s investments in GMR Infra EnterprisesThe Competition Commission of India (CCI) has approved three transactions, including the subscription to optionally convertible debentures ...
- 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...
- 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...
- 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...
- Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
- 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 ...
- 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...
- 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 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...
- 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...
- Shiprocket acquires supply chain management platform GlaucusGlaucus provides fulfillment services to mid-market brands supported by a mature combination of processes, geographic spread, quality repor...
- Shiprocket invests $1.5 million in SaaS platform LogibricksLogibricks will use the fresh funds to revamp its current product and launch its upgraded platform by April 2022 apart from hiring more peo...
- 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 ...
- Shiprocket acquires RocketboxTogether, Shiprocket and Rocketbox bring a robust combination of technology, efficiency, expert cargo partners, and lower shipping costs to...
- 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...
- Evenflow partners logistics startup Shiprocket for supply chain at scaleEvenflow aggregates third-party sellers on e-commerce platforms like Amazon and Flipkart. It acquires online marketplace sellers in the ran...
- Exclusive: Shiprocket eyes $200 million from Temasek and othersShiprocket essentially aggregates delivery demands from direct-to-consumer (D2C) brands, micro entrepreneurs and local brands, and sends th...
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