About Shiprocket
Shiprocket is a company based in Gurugram (India) founded in 2012 by Saahil Goel and Vishesh Khurana. Shiprocket has raised $344.42 million across 12 funding rounds from investors including Zomato, Razorpay and PayPal. The company has 800 employees as of December 19, 2024. Shiprocket has completed 5 acquisitions, including Glaucus logistics, Omuni and Pickrr. Shiprocket operates in a competitive market with competitors including Shippo, Sorted, ShipBob, Deliverr and Brightpearl, among others.
- Headquarter Gurugram, India
- Employees 800 as on 19 Dec, 2024
- Founders Saahil Goel, Vishesh Khurana
- Stage Unicorn
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Sectors
TechnologyTransportation, Automotive & Logistics Retail
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Email
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Phone
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Website
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Social
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- Legal Name Shiprocket Limited
- Date of Incorporation 28 Sep, 2011
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$135.47 M (USD)77.58as on Mar 31, 2023
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Net Profit
-$40.14 M (USD)-258.36as on Mar 31, 2023
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EBITDA
-$30.9 M (USD)-126.65as on Mar 31, 2023
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Total Equity Funding
$344.42 M (USD)
in 12 rounds
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Latest Funding Round
$26 M (USD), Series E
Dec 27, 2024
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Investors
Zomato
& 52 more
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Employee Count
800
as on Dec 19, 2024
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Investments & Acquisitions
Glaucus logistics
& 4 more
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People of Shiprocket
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Funding Insights of Shiprocket
Shiprocket has successfully raised a total of $344.42M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $26 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Shiprocket
Shiprocket has secured backing from 53 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Zomato, Razorpay and PayPal.
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Early-stage investments are made in frontier science ventures.
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Investments are made in global seed and early-stage startups.
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Venture capital fund investing in early-stage tech startups
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Investor details for Shiprocket
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Investments & Acquisitions by Shiprocket
Shiprocket has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Glaucus logistics, Omuni and Pickrr.
Investment portfolio details for Shiprocket
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based end-to-end logistics solutions are offered for e-tailers.
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AI-based logistics solutions are provided for shipping and tracking.
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Intra-city logistics for goods transport via trucks is provided.
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Complete acquisition details for Shiprocket
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Financial Statements - Shiprocket
Detailed financials for Shiprocket
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Shiprocket Comparisons
Peer comparison for Shiprocket
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Competitors of Shiprocket
Shiprocket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shippo, Sorted, ShipBob, Deliverr and Brightpearl, among others.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Tech-enabled fulfillment services are provided to e-commerce businesses.
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SaaS-based omnichannel retail management software is provided for retailers.
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Detailed competitors of Shiprocket
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Latest news on Shiprocket
Complete news archive for Shiprocket
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Frequently Asked Questions about Shiprocket
Shiprocket was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Shiprocket is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Saahil Goel is the current CEO of Shiprocket. They have also founded this company.
Shiprocket is a funded company, having raised a total of $344.42M across 12 funding rounds to date.
As of Dec 19, 2024, the latest employee count at Shiprocket is 800.
Annual revenue of Shiprocket is $135.47M as on Mar 31, 2023.
Shiprocket was founded in 2012 in Gurugram, India, within the e-commerce sector. Domestic and cross-border shipping solutions, along with order fulfillment and returns management, are handled by the platform. Marketing automation, customer engagement, and checkout optimization tools are also supplied. Financial services are extended to support operational growth for businesses.
Shiprocket has made 5 acquisitions, including Glaucus logistics, Omuni, and Pickrr.
Shiprocket has 53 investors. Key investors include Zomato, Razorpay, PayPal, MUFG Bank, and Tribe Capital.
The valuation of Shiprocket is $1.18B as of Oct 2023.