Shiprocket
Founded Year
2012Stage
Series E - III | AliveTotal Raised
$331.38MValuation
$0000Last Raised
$10.88M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-38 points in the past 30 days
About Shiprocket
Shiprocket is an eCommerce enablement platform that focuses on providing logistics and shipping solutions to digital retailers. The company offers services such as automated shipping, cross-border delivery, and warehousing, as well as tools for customer communication and marketing. Shiprocket primarily serves the eCommerce industry, offering solutions to SMEs, D2C retailers, and social commerce retailers. Shiprocket was formerly known as Kartrocket. It was founded in 2012 and is based in Gurugram, India.
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ESPs containing Shiprocket
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The multi-carrier shipping software market provides solutions for retailers to optimize their shipping process and offer seamless shipping experiences to customers. Technology vendors in this market offer multi-carrier APIs and platforms that allow retailers to access a wide range of carriers in a single integration and UI. Common feature include comparing shipping rates, generating labels, and tr…
Shiprocket named as Challenger among 15 other companies, including Pitney Bowes, QAD, and FourKites.
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Research containing Shiprocket
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Shiprocket in 5 CB Insights research briefs, most recently on Oct 24, 2022.
Oct 24, 2022 report
State of Retail Tech Q3’22 Report
Expert Collections containing Shiprocket
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Shiprocket is included in 4 Expert Collections, including E-Commerce.
E-Commerce
11,045 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Supply Chain & Logistics Tech
4,049 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,249 items
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Shiprocket News
Oct 25, 2024
SHARE SUMMARY MUFG (Mitsubishi UFJ Financial Group) is a financial services group headquartered in Tokyo Koch Group with its subsidiary and venture capital firm KDT (Koch Disruptive Technologies) Venture Holdings is eyeing stakes in logistics unicorn Shiprocket recently reported that it is well on track to achieve profitability by FY2025 FOLLOW US “The proposed transaction entails the acquisition of minority shareholding of the shiprocket by the MUFG Bank,” as per the notice filed with the CCI. While MUFG (Mitsubishi UFJ Financial Group) is a financial services group headquartered in Tokyo, Koch Group with its subsidiary and venture capital firm KDT (Koch Disruptive Technologies) Venture Holdings is eyeing stakes. RECOMMENDED FOR yOU 25th October, 2024 Inc42 has reached out to Shiprocket for a comment on the development. The story will be updated on receiving a response. (The story will be updated soon) Loading Next… Share on In-Depth Stories You have reached your limit of free stories This Diwali, Get Up To 74% Off On Inc42 Plus Become A Startup Insider With Inc42 Plus Inc42 Plus Diwali Offer Ends In 3 YEAR PLAN Discover Startups & Business Models Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation. How-To’s on Starting & Scaling Up Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success. Identify Trends & New Markets Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions. Track & Decode the Investment Landscape Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more. Community Perks Join a community of 10,000+ leaders & operators – unlock unlimited access to Inc42 stories, videos, deals, member-only perks, and more.
Shiprocket Frequently Asked Questions (FAQ)
When was Shiprocket founded?
Shiprocket was founded in 2012.
Where is Shiprocket's headquarters?
Shiprocket's headquarters is located at M.G. Road, Sultanpur, Gadaipur, Mehrauli, New Delhi.
What is Shiprocket's latest funding round?
Shiprocket's latest funding round is Series E - III.
How much did Shiprocket raise?
Shiprocket raised a total of $331.38M.
Who are the investors of Shiprocket?
Investors of Shiprocket include AFOS Equity, Agility Ventures, Bertelsmann India Investments, March Capital, Moore Strategic Ventures and 30 more.
Who are Shiprocket's competitors?
Competitors of Shiprocket include Logistiex, Shadowfax, Rivigo, Ecom Express, Pickrr Technologies and 7 more.
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Compare Shiprocket to Competitors
iThink Logistics specializes in logistics solutions, operating within courier aggregation and shipping. The company offers a platform that integrates multiple courier services, providing artificial intelligence (AI) based recommendations for cost-effective and reliable shipping options. It caters primarily to e-commerce businesses, offering features like reduced return-to-origin (RTO) rates, next-day cash on delivery (COD) remittances, full insurance on shipments. The company was founded in 2017 and is based in Mumbai, India.
Xpressbees delivers e-commerce logistics solutions. It provides end-to-end supply chain solutions to its partners. The company offers first and last-mile delivery and reverse logistics with facilities such as tracking, multiple payment collection, and processing options. It was founded in 2015 and is based in Pune, India. In February 2024, Xpressbees was acquired by Deliver.sg at a valuation of $370K.
Shyplite is a logistics automation and fulfillment platform operating in the eCommerce industry. The company provides a single-window platform integrated with multiple carriers, enabling businesses to automate their logistics and increase shipping efficiency. It offers services such as multiple location pick up, early cash on delivery, automated insurance, and warehousing and fulfillment, among others. Primarily, Shyplite caters to the eCommerce industry. It was founded in 2016 and is based in New Delhi, India.
DTDC is an integrated express logistics provider operating in the logistics and courier industry. The company offers a wide range of services including express parcel delivery, international shipments, and integrated e-commerce logistics solutions. DTDC primarily serves the e-commerce industry, along with both B2B and C2C customers. It is based in Bangalore, India.
Eshopbox is a full-stack ecommerce growth platform that specializes in logistics and fulfilment solutions within the ecommerce industry. The company offers an all-in-one distribution platform that integrates with multiple sales channels for inventory management, order processing, and shipping, aiming to accelerate sales and enhance customer satisfaction. Eshopbox primarily serves businesses looking to optimize their ecommerce operations across various platforms such as Shopify, Amazon, and Flipkart. It was founded in 2012 and is based in Gurugram, India.
WowExpress is a logistics company. It offers same-day delivery services, allows users to schedule their deliveries, provides tracking for all deliveries, and more. It was founded in 2014 and is based in Mumbai, India.
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