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SHIPROCKET LOSS.
Nearly half of India’s online orders are still COD. Why cash on delivery isn’t fading in the UPI eraCash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after recei...- Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
- Logistics firm Shiprocket files fresh papers for Rs 2,342 cr IPOShiprocket is preparing for a significant initial public offering. The Gurugram-based company aims to raise Rs 2,342 crore through its IPO....
- Logistics startup Shiprocket files revised papers for Rs 2,342 crore IPOThe Gurugram-based firm, which offers shipment and checkout services to D2C brands, plans to raise Rs 1,000 crore in fresh capital. Promote...
- Shiprocket gets Sebi nod for Rs 2,500-crore IPO: sourcesShiprocket, backed by Zomato and Temasek, has received Sebi’s approval for its Rs 2,500 crore IPO. The logistics firm, which supports D2C b...
- Shiprocket’s FY25 revenue rises 24% to Rs 1,632 crore as losses narrowThe Gurugram-based company also reduced its net loss to Rs 74 crore in FY25 from Rs 595 crore in the previous fiscal, driven by revenue gro...
- Shiprocket launches RevProtect, a predictable revenue solution for MSMEsShiprocket introduces RevProtect for eCommerce sellers. This solution guarantees income, addressing shipping delays and RTO issues. The aim...
- Zomato and Temasek-backed Shiprocket pre-files DRHP with Sebi for IPOShiprocket IPO: The proposed IPO is anticipated to be in the range of Rs 2,000 to Rs 2,500 crore, according to an earlier report by ET. It ...
- 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...
- Shiprocket converts to public company in run-up to IPOThis development comes in the wake of reports suggesting that the company is preparing to raise between Rs 2,000-2,500 crore through an ini...
- 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...
- 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 ...
- 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 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 launches new service to make cross-border shipping easierThe new product also implements automated shipping workflows, ensuring quick delivery while allowing sellers to place their brand logo, nam...
- Shiprocket closing $185 million funding led by Zomato, Temasek and LightrockThe company did not share the expected valuation after the funding round, but people briefed on the matter said it would be $900-950 millio...
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