Shiprocket, India’s leading e-commerce enablement platform, announced the appointment of Ankur Sarawagi as the Senior Vice President of Fastrr Checkout. Ankur was the Co-Founder of NearBuy, and Vice President and Country Manager at WeddingWire India (TKWW group). He brings over a decade of experience in leading global businesses, category creation, growth-hacking, and scaling. As NearBuy’s Co-Founder, Ankur…
Tech-enabled logistics and fulfillment platform Shiprocket has approved a Rs 259 crore ($32 million) fundraising round from existing investors Singapore’s Temasek and Lightrock India, according to ET report. Other investors in the current round include Bertelsmann India, March Capital Partners, Moore Strategic Ventures, Huddle Collective and Paypal. “Internal investors were keen to double down on…
Shiprocket announced acquisition of Arvind’s omnichannel technology business – Om uni. The transaction will be carried out as a combination of stock and cash for total consideration of Rs. 200 crores. The combination of both entities will facilitate quick, efficient deliveries of shipments from the nearest store or warehouse, significantly reducing delivery timelines and enhancing…
Delhi-based logistics aggregator Shiprocket has announced the appointment of Atul Mehta as chief operating officer. In the new role, he will oversee the logistics platform of Shiprocket in India and the Sales, Account Management, Customer Operations, Supply Chain Operations, as well as Seller Excellence functions. Speaking on the announcement, Saahil Goel, Co-Founder and CEO, Shiprocket,…
Logistics aggregator Shiprocket has raised $41.3 million in a funding round co-led by PayPal Ventures, the venture investment arm of PayPal, and existing investor Bertelsmann India Investments, according to ET report. Other existing investors Info Edge Ventures, March Capital, Tribe Capital and Innoven Capital also participated in the round. Shiprocket’s strategic partners like Razorpay and…
Shiprocket, India’s eCommerce Logistics and Shipping Solution provider, announced it has raised $27 million in a mix of primary and secondary capital as part of its new funding round led by Tribe Capital and March Capital. DST Global’s Rahul Mehta and Bertelsmann India Investments also participated in the round. The round gives an exit to some…
Shiprocket, a logistics aggregator, announced it has raised $13 million led by Tribe Capital, a Silicon Valley-based investment firm, along with Innoven Capital and existing investor Bertelsmann India Investments. The company in a statement said that the latest capital infusion gives nearly 30 times returns in five years for Shiprocket’s angel investors who exited in…