Shiprocket provides eCommerce enablement tools covering shipping, fulfillment, marketing, and financial services. The platform supports domestic and cross-border shipping, order fulfillment, and hyperlocal delivery. Shiprocket also offers AI-powered checkout, customer engagement, and analytics solutions. Its financial services include lending products and credit score tools designed to support online sellers and digital brands.
Keep reading to explore Shiprocket’s funding history, investors, and future growth plans.
What Is Shiprocket and What Does It Do?
Founded in 2012, Shiprocket is an eCommerce enablement platform that helps online sellers manage logistics, customer engagement, and financial operations. The company integrates multiple courier partners and provides end-to-end shipping and fulfillment solutions.
Shiprocket focuses on empowering small and mid-sized businesses with technology-driven tools to scale online commerce efficiently.
How Much Funding Has Shiprocket Raised?
1. Seed Round
- Amount Raised: ~$2 million
- Date: 2015
- Key Investors: Bertelsmann India Investments
- Purpose: Build core shipping and logistics technology platform
2. Series A Round
- Amount Raised: ~$13 million
- Date: 2017
- Key Investors: Bertelsmann India Investments
- Purpose: Expand merchant base and courier integrations
3. Series B Round
- Amount Raised: ~$27 million
- Date: 2019
- Key Investors: Bertelsmann India Investments
- Purpose: Scale nationwide logistics and fulfillment operations
4. Series C Round
- Amount Raised: ~$185 million
- Date: 2021
- Key Investors: Temasek, Lightrock
- Purpose: Accelerate product expansion and strategic acquisitions
5. Series D Round
- Amount Raised: ~$96 million
- Date: 2022
- Key Investors: PayPal Ventures, Temasek
- Purpose: Strengthen global shipping, fintech, and AI-led products
6. Series E Round
- Amount Raised: $26 million
- Date: Dec 23, 2024
- Key Investors: Temasek, PayPal
- Purpose: Enhance AI-driven commerce tools and profitability focus
Total Funding Raised: $349 million Latest Funding Date: Dec 23, 2024 Latest Valuation: ₹10,100Cr Employee Count: 915
Key Investors
- Temasek
- Details: Global investment company headquartered in Singapore
- Focus Areas: Technology, logistics, financial services
- PayPal Ventures
- Details: Strategic investment arm of PayPal
- Focus Areas: Fintech, payments, and commerce platforms
- Bertelsmann India Investments
- Details: India-focused investment fund backed by Bertelsmann
- Focus Areas: Digital platforms, eCommerce, and SaaS
Where Is Shiprocket’s Headquarters?
Shiprocket is headquartered in Gurugram, India, serving as the central base for its technology development, logistics operations, and corporate functions.
What’s Next for Shiprocket?
Shiprocket is expected to deepen its AI-led commerce offerings, expand cross-border shipping capabilities, and focus on profitability while supporting India’s growing digital seller ecosystem.
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