According to Entrackr, Shiprocket, an Indian logistics aggregation business, has secured US $33 million at a valuation of US $1.2 billion, solidifying its membership in the unicorn club.
Lightrock India and MacRitchie Investments, a Temasek affiliate, were the lead investors in the round.
Saahil Goel, Gautam Kapoor, and Vishesh Khurana established Shiprocket in 2017. It offers small companies, direct-to-consumer merchants, and social commerce sellers tech-based shipping and fulfilment services across industries including clothes, footwear, and healthcare.
According to the firm, it makes 200,000 shipments every day over 29,000 postal codes.
Zomato, Temasek, and Lightrock India were the leaders of the series E round that generated $185 million for Shiprocket in December 2021.
