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Shiprocket

Shiprocket

Shiprocket is a company with an e-commerce shipping platform that allows direct-to-consumer companies to ship at a lower cost.

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Contents

shiprocket.in
Is a
Company
Company
Organization
Organization

Company attributes

Industry
E-commerce
E-commerce
Software as a service (SaaS)
Software as a service (SaaS)
Location
India
India
Delhi
Delhi
CEO
Saahil Goel
Saahil Goel
Founder
‌
Vishesh Khurana
Saahil Goel
Saahil Goel
‌
Gautam Kapoor
AngelList URL
angel.co/shiprocket
Date Incorporated
2017
Number of Employees (Ranges)
501 – 1,000
Email Address
support@shiprocket.com
Place of Incorporation
India
India
Investors
March Capital
March Capital
0
Pay It Forward
Pay It Forward
Aman Gupta
Aman Gupta
Huddle
Huddle
Tribe Capital
Tribe Capital
0
Temasek Holdings
Temasek Holdings
Moore Strategic Ventures
Moore Strategic Ventures
PayPal Ventures
PayPal Ventures
...
Founded Date
January 26, 2017
Total Funding Amount (USD)
356,185,000
Latest Funding Round Date
October 10, 2023
Competitors
Loadshare Networks Pvt Ltd
Loadshare Networks Pvt Ltd
Ecomtent
Ecomtent
Shipzen
Shipzen
Latest Funding Type
Series E
Series E
Series C
Series C
Latest Postmoney Valuation
930,000,000
Wellfound ID
shiprocket
Country
India
India

Other attributes

Company Operating Status
Active
Invested in
Perfora
Perfora
Latest Funding Round Amount (USD)
11,000,000
Overview

Shiprocket is an India-based company with an e-commerce shipping platform that facilitates processes, such as shipping, for D2C (direct-to-consumer) retailers. The platform leverages artificial intelligence (AI) to streamline data collection, workflows, and supply chain processes. Shiprocket is available in more than 220 countries and has partnerships with more than 25 courier services and 42 fulfillment centers. In 2022, it was valued at $1.2 billion, making it the 106th unicorn company from India.

Platform

Shiprocket's platform can be used for logistical purposes, specifically for e-commerce businesses. It has a multi-functional dashboard where users can see analytics and shipment information. Users can also manage their billing and conduct inventory audits. Merchant logs are are also accessible, and Shiprocket's platform allows sellers to receive cash-on-delivery (COD) remittance several times a week.

Shiprocket introduction

For customers

When an e-commerce business uses Shiprocket for its logistical needs, its consumers will also have access to features from Shiprocket, such as multiple payment options, real-time tracking updates, and options to make returns.

Products

Shiprocket offers products that are intended to facilitate e-commerce logistics and brand-building processes. Those products can be categorized as shipping, fulfillment, or growth products.

Shipping

Shipping products offered by Shiprocket include the following:

  • automated shipping
  • ShiprocketX for international shipping
  • business-to-business (B2B) and bulk shipping
  • hyperlocal shipping services within the same city
Fulfillment

Fulfillment by Shiprocket can be done for D2C, B2B, and marketplace businesses. Fulfillment offerings from Shiprocket include warehousing, returns management, and one- and two-day delivery.

Growth

Shiprocket's growth products come in various forms, including the following platforms and programs:

  • Wizgo—a marketing automation platform
  • Engage—a communication tool powered by Whatsapp
  • Rocketfuel—an accelerator program for D2C start-ups
  • Capital—a financing option that is revenue-based
  • Checkout—a one-click checkout solution
  • Amplify—influencer marketing as a service platform

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
Link
Type
Date
No Further Resources data yet.

References

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