‏إظهار الرسائل ذات التسميات shiprocket. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات shiprocket. إظهار كافة الرسائل

Shiprocket Launches India’s First AI-Integrated MCP Server for eCommerce

Shiprocket Launches India’s First AI-Integrated MCP Server for eCommerce

Shiprocket, India’s leading eCommerce enablement platform, has launched the country’s first Model Context Protocol (MCP) Server for eCommerce Shipping. This breakthrough innovation allows AI agents to directly handle key operations—from checking shipping rates to tracking orders—using a single line of instruction.

This marks a significant milestone in the evolution of agentic eCommerce, giving businesses the ability to automate and execute actions across the eCommerce stack using natural language commands or AI assistants, eliminating the need for traditional dashboards or APIs. With a single, natural-language prompt, businesses can now create, track, or manage shipments, no dashboards, no APIs, just intent. Shiprocket’s newly launched MCP makes this possible by enabling AI assistants, whether internal tools or automation bots, to directly interact with Shiprocket’s platform. From real-time tracking to scheduling a pickup, commerce operations can now be triggered through voice or text commands.

Designed for the next generation of eCommerce operations, the MCP Server delivers:
  1. Faster execution – Instantly perform logistics actions, reducing manual effort and delays
  2. Seamless integration – Connect effortlessly with AI tools or enterprise systems
  3. Hands-free operations – No dashboards or human intervention needed
  4. Enterprise-grade security – Built on Shiprocket’s trusted, scalable infrastructure.
Once integrated, AI agents can estimate delivery timelines, check courier rates, track orders, create or cancel shipments, assign couriers based on smart rules, list pickup addresses, or schedule pickups—all with a single line of instruction. Imagine asking:
  • “What are the courier options and delivery times from Delhi to Bangalore for a 0.5 KG COD package?”
  • “Create a new prepaid order for Order ID 456789 and schedule a pickup from our warehouse.”
  • “Track the latest status of Order ID 12345 and notify the customer if delayed.”
The MCP Server integrates effortlessly with modern AI ecosystems, enabling businesses to embed intelligent commerce actions within the tools they already use:

Claude and Cursor: Developers can connect the MCP Server to AI assistants like Claude and Cursor, enabling natural language interactions or voice commands for tasks such as order tracking, shipping rate calculations, and courier selection.

Zapier: Through Zapier's MCP integration, businesses can link Shiprocket's logistics capabilities with over 7,000 applications, facilitating automated workflows without the need for complex coding.

Commenting on the launch, Saahil Goel, MD & CEO of Shiprocket, said: "At Shiprocket, we’re building not just for scale, but for the future. Our MCP Server launch marks a transformative shift from manual workflows to autonomous operations powered by AI. This is how we enable millions of businesses to work smarter, respond faster, and scale effortlessly. This is more than just an integration, it’s a new interface for eCommerce. We’re enabling a world where AI doesn’t just support business decisions, it executes them."

With MCP Server, Shiprocket is not just launching a new integration—it’s introducing a new way to interact with commerce infrastructure. By eliminating friction between decision and execution, businesses can operate smarter, move faster, and scale effortlessly.

Shiprocket Unveils Same Day Delivery in Bengaluru, continues to revolutionise eCommerce for India's MSMEs

Shiprocket Unveils Same Day Delivery in Bengaluru, continues to revolutionise eCommerce for India's MSMEs

Aims to empower merchants to meet growing consumer demand for faster deliveries

Shiprocket, India’s leading eCommerce enablement platform, has launched Same Day Delivery (SDD) in Bengaluru, bringing enterprise-grade, fast deliveries to every seller of Bharat. Traditionally, fast delivery has been a luxury available only to major eCommerce brands. Shiprocket is changing this by democratising high-speed delivery, ensuring that MSMEs can also offer quicker deliveries and stay competitive. The service is already live in Delhi NCR, Mumbai, Kolkata, and Hyderabad.

With eCommerce shifting towards speed-driven consumer expectations, merchants who offer quick deliveries see higher conversions and stronger customer retention. A Market Data Forecast report states that India’s Same Day Delivery market is projected to surpass $10 billion by 2028 at a CAGR of 23.6%. Shiprocket is leading this transformation by leveraging its advanced tech-driven platform and strategic courier partnerships to bring quick commerce capabilities to a broad spectrum of sellers.

Saahil Goel
Saahil Goel

Bringing Speed as a Competitive Advantage to Bengaluru’s eCommerce Ecosystem.

Bengaluru is a high-potential eCommerce hub, with an average order value of ₹2,000. The top three selling categories in the city include beauty & grooming, clothing & accessories, and jewellery. Shiprocket's Same Day Delivery as a product has already proven to be a game changer, with brands such as Bata, Ketch, Mamaearth, BoAt, Giva, NEK, Plum, and Wildcraft leveraging it to drive their business forward. SDD provides Bengaluru-based sellers a powerful tool to enhance customer satisfaction, drive repeat purchases, and scale their businesses.

Key Offerings:

Shiprocket’s Same Day Delivery offers multiple fulfilment solutions designed to cater to various business models:
  • Same-Day Delivery: Orders picked up between 12 PM to 1 PM from a merchant’s location will be delivered on the same day.
  • 3 PM Pickup/Half-Day Delivery: Orders picked up by 3 PM from the seller’s location or warehouse will be delivered on the same day with PICO as the courier partner.
  • Store Pickup/Mall Pickup: Designed for omni-channel brands, this service enables stores within shopping malls to function as supply points. Orders picked up between 2–3 PM will be delivered the same day. Bata and Khadim currently utilise this service at Bhartiya Mall, Brigade Road, Falcon City Mall, Forum Neighbourhood Mall, Garuda Mall, Lulu Mall, Mall Of Asia, Mantri Square, Nexus Forum Mall, Orion Mall, Phoenix Marketcity in Bengaluru.

Powering the Future of Commerce.

Shiprocket is a tech platform that empowers sellers with seamless high-speed delivery integration, advanced checkout solutions, and cutting-edge marketing tools. Through AI-driven routing and optimised delivery networks, Shiprocket anticipates merchant needs and offers solutions that unlock massive, baseline-shifting growth. By partnering with leading courier services like Pikndel, PICO, Blitz, Shadowfax, and Xpressbees, Shiprocket ensures merchants can deliver orders with unprecedented speed and efficiency.

Driving MSME Growth with Innovation

Commenting on the launch, Saahil Goel, MD & CEO, Shiprocket, said,
We at Shiprocket are committed to being the trusted growth partner for merchants across India. By introducing Same Day Delivery, we are empowering MSMEs of Bharat to compete with the best in the industry, providing them with tools to enhance customer experience and drive repeat business. Speed is no longer a luxury—it’s a necessity, and we are ensuring that every seller, regardless of size, has access to best-in-class solutions.

This initiative is a crucial step towards our vision of democratising eCommerce tech for every seller in India while contributing to the broader digital transformation of the economy,” he added.

India Post and Shiprocket partner to strengthen e-commerce export ecosystem for SMEs to directly reach the Global Markets

India Post and Shiprocket partner to strengthen e-commerce export ecosystem for SMEs to directly reach the Global Markets
 The collaboration will make it easier for Artisans, weavers, and SMEs to directly reach the consumer (D2C) in Global Markets

The Department of Posts, as part of its ongoing initiatives to create an export ecosystem for e-commerce in the country, entered into an agreement with Shiprocket (Bigfoot Retail Solutions Pvt. Ltd.), one of the leading e-commerce enablement platforms. The collaboration aims to enhance e-commerce exports by leveraging India Post's extensive presence and reliable shipping solutions.

The agreement was signed today in New Delhi in the presence of Shri Alok Sharma, Director General, Postal Services; Chief Postmaster General Delhi, Ms. Manju Kumar; and Shri Saahil Goel, Co-founder and CEO, Shiprocket, marking a significant milestone in India’s cross border e-commerce landscape.

Speaking at the event, Shri Alok Sharma, Director General Postal Services shared that “India Post has taken a series of steps in the recent past like expansion of Foreign Post Offices, introduction of Postal Bill of Export to enable commercial exports through post offices, launch of a competitive International Tracked Packet Service and setting up of Dak Ghar Niryat Kendras (DNKs) across the country.”

The online order processing, export documentation, compliances and Customs clearance has been made easy through electronic Postal Bill of Export (PBE) which can be filed on DNK portal. Integration of DNK portal with different agencies and e-marketplace will benefit the artisans, craftsmen and SME sellers from the remotest areas of the country. As on date more than 600 DNKs have been made operational,” Shri Sharma added.

This agreement will lead to technical integration between Dak Ghar Niryat Kendra and Shiprocket and enable India based sellers, using Shiprocket, to directly generate e-PBE and shipping labels from Shiprocket platform itself. The exporters can avail packaging, label printing, pickup facility and induct their shipments to the nearest DNK in any part of the country.

During the event, Ms. Manju Kumar, CPMG Delhi, highlighted that "e-commerce has emerged as a powerful driver of economic growth and innovation and this collaboration aims to achieve the same by harnessing the extensive Post Office infrastructure and enable more small businesses on Shiprocket platform to participate as well."

Shri Saahil Goel, Co-founder and CEO of Shiprocket, said that “We are thrilled to extend our strategic partnership with India Post, a collaboration that is set to reshape the landscape of e-commerce and global trade for MSMEs. Together with India Post, we are committed to providing faster, more secure, and more efficient global parcel services to over 200 destinations worldwide. We aim to not only expand our reach but also reduce first-mile costs and delivery time through Dak Ghar Niryat Kendras (DNKs).

This partnership holds immense promise as we work together with logistics aggregators and e-marketplace leaders to promote e-commerce exports in a digital age. The agreement is the latest addition to India Post’s export-oriented initiatives after the MoU signed with Amazon last week.

Shiprocket forms a strategic alliance with BillDesk to power payments for its one-click checkout solution

Shiprocket forms a strategic alliance with BillDesk to power payments for its one-click checkout solution
Shiprocket, India’s leading e-commerce enablement platform, has entered into a strategic partnership with the leading digital payments platform BillDesk to power payments on their one-click checkout solution. The consolidated offering combines the technological and logistical capabilities of Shiprocket, and the industry-leading payments experience of BillDesk to provide a seamless one-click checkout experience for D2C merchants in India. 

Through this strategic partnership, Shiprocket will provide its merchants with a world-class payment experience by leveraging BillDesk's extensive experience in processing payments across all payment methods. The partnership also allows BillDesk to access Shiprocket’s expansive D2C network and unlock opportunities in the massive $20 billion market, which is growing at a healthy rate of over 25% annually.

Speaking on the partnership Saahil Goel, Co-founder & CEO, Shiprocket said, “We are excited to partner with BillDesk to enable a better one-click-checkout experience for our merchants. With the rise in D2C commerce in India, quick checkout solutions are going to provide a great advantage to merchants in enabling a seamless consumer experience. This partnership will enable us to further our mission of empowering businesses and help us provide an all-encompassing and compelling offering to them.”

Ajay Kaushal, Co-founder, BillDesk said “The integration of BillDesk digital payments solutions with Shiprocket’s one-click-checkout technology will drive tremendous value for merchants in India as they scale their digital businesses. This partnership will enable businesses to use a robust, secure platform with multiple payment methods like UPI, cards, net-banking, etc. and deliver a smooth payment experience on their D2C channels."

For the merchants, the partnership offers a comprehensive solution with multiple complementing functionalities integrated into a single offering. The solution enables merchants to provide all payment methods to their buyers through Shiprocket’s one-click checkout solution, including UPI, Credit Card/Debit Card, Net banking, Wallets, and consumer credit. The authentication protocols for verification of customers will help merchants in eliminating fake orders, and additional features like address pre-fill and delivery date guarantee will improve the customer experience altogether. It also provides merchants with access to dashboard tools, through which they will have complete control over refunds, settlements, payment method analytics etc. Merchants can leverage BillDesk's secure solutions, which are relied upon by leading businesses in India as their scale on their digital payments acceptance.

About Shiprocket

Shiprocket is India’s largest eCommerce enablement platform on a mission to empower the businesses of Bharat to scale their ventures by unleashing the true power of eCommerce. The platform helps the sellers at every step of their eCommerce journey, creating an operating system for direct commerce. Their stack of tech integrations enables shipping, fulfillment, customer communication and marketing tools as well as providers for SMEs, D2C retailers, and social commerce retailers in India.

Launched in 2017, Shiprocket is on a mission to create a seamless logistics data platform that connects retailers, carriers, and consumers across national and international locations. Shiprocket provides a technology stack to help retailers integrate their shopping websites on Shopify, Magento, WooCommerce, Zoho, and others with the platform’s multi-carrier API to manage orders, prints, and shipping labels. It also avails tracking information from multiple providers including managing Cash on Delivery (COD) orders and payment reconciliation. Shiprocket also offers state-of-the-art fulfillment solutions with more than 45 warehouses located across India. The technology stack provides a robust post-purchase experience to consumers resulting in higher engagement and lower RTO (failed deliveries). With 25+ courier partners on board, the brand permits pan-India as well as international shipping deliveries. Its shipping solutions are available across 24,000+ pin codes within India and 220 countries and territories worldwide. 

About BillDesk

BillDesk is the preferred digital payment solutions partner for businesses in India. For over a decade, BillDesk has been driving electronic payments and digital commerce. BillDesk technology and solutions continue to make consumer electronic payments easy and reliable and help businesses, small and large, to accelerate their growth and digital transformation. BillDesk enabled over INR 10 trillion of electronic payments in 2022.

India Post Partners with Shiprocket & Pickrr; To Benefit Startups and SMEs

India Post Partners with Shiprocket; To benefit Startups and SMEs
India Post, the world’s largest delivery network, has signed an MoU with Shiprocket to boost last-mile Ecommerce delivery services across the country.

India Post has announced partnership with Shiprocket, a leading logistics aggregator company, to enhance its last-mile delivery services for various E-commerce products. The Memorandum of Understanding (MoU) was signed today between India Post, Shiprocket & Pickrr at Dak Bhawan in New Delhi., Director General, Postal Services Shri Alok Sharma, senior officers of the Department of Posts, and representatives of Shiprocket and Pickrr were present during the event.

 

M/s Bigfoot Retail Solutions (Shiprocket) is an emerging logistics aggregator company with three lakh sellers and 70 million consumers annually. This partnership between India Post and Shiprocket will provide shipping and last-mile delivery services to Shiprocket's three lakh strong seller base which includes Startups and a large number of small and medium businesses. The MoU marks a significant milestone for taking e-commerce to the last mile and is expected to benefit millions of customers all over country.

Speaking on occasion Director General, Postal Services Shri Alok Sharma said that today is a momentous occasion and this partnership will fulfil the aspirations of rural youth to be benefitted from the e-commerce revolution in the country.

Saahil Goel, Co-founder & CEO, Shiprocket said, the India Post network will provide last-mile connectivity to the e-commerce market player and will facilitate in the penetration of E-commerce services beyond large cities and towns. It would enable automated shipping and faster delivery for merchants, resulting in cost-effectiveness and business growth.

To facilitate this partnership and to provide better services to customers, India Post has ensured IT integration with the IT systems of Shiprocket. This integration has been done through various API for Tariff, Booking, Label Generation, Pickup and Track & Trace

Shiprocket Partners with Invest India to Build D2C 2.0 - The Next Generation of D2C Brands

Shiprocket Partners with Invest India to Build D2C 2.0 - The Next Generation of D2C brands

Rocketfuel D2C Accelerator X Startup India Initiative at Invest India invites new-age D2C startups across the country to apply for a 3-month program

A cohort of 10 breakout startups will receive cash grants, shipping credits and an opportunity to get investments from Shiprocket and its fund partners

Startup India Initiative at Invest India, the guiding vision maker for India’s entrepreneurship ecosystem, has partnered with Shiprocket, India’s latest unicorn and leading eCommerce enabler to build D2C 2.0 together, backing the next generation of consumer products built by founders from across the country. The program will help accelerate D2C and eCommerce startups who have delivered early success and on-ground impact with products built by Bharat, for Bharat.

D2C startups can apply for the Rocketfuel D2C Accelerator hosted exclusively on the Startup India portal. Shiprocket will be offering INR 1 Lakh in cash grants to each of the shortlisted startups, in addition to the INR 50,000 provided in shipping credits on an immediate basis and provide an opportunity to get investments upto INR 50 Lakhs from Shiprocket and its fund partners.

During the 3-month accelerator program, Shiprocket will support the D2C startups with top-tier privileges for logistics and eCommerce services, providing shipping credits that can be used on its platform. Additionally, startups will gain access to D2C Verse, a pan-India D2C community of key startups and investors and receive one-on-one mentorship from the leading minds of the industry. The shortlisted startups will also benefit immensely from Startup India’s guidance and pan-India reach.

Speaking on this, Saahil Goel, Co-Founder and CEO of Shiprocket said “Startup India is one of the largest platforms for startups and entrepreneurs in India. With their support, Shiprocket can further propel the growth of early-stage D2C and eCommerce startups across the length and breadth of all emerging markets in India. Our aim is to create a support system that caters to not just the monetary requirements of companies but one that encompasses all aspects of the business. This collaboration with Startup India is one step towards achieving that goal.”

Mr. Deepak Bagla, MD & CEO, Invest India, said: “The excellence of Indian ingenuity has been at the forefront who are developing impactful frugal solutions as India’s strength. As we move towards an Atmanirbhar Bharat, envisioned by the Hon’ble Prime Minister, it becomes imperative to ensure that India builds on these strengths and this challenge will help D2C founders to distribute their impactful products in more and more households across the country.”

Applications for the program are open till 15th September 2022, and the results will be declared on 28th September 2022.

Apply Here —» https://www.shiprocket.in/rocketfuel/

About Invest India

The most awarded investment promotion agency in the world, Invest India is the advisor, guide, and facilitator to every investor looking to make a home in India. We are the first point of contact for global companies whom we handhold from the day they start exploring India and at every step of the way throughout their journey in the world's most liberal investment destination.

About Shiprocket

Shiprocket is India’s largest eCommerce enablement platform providing digital retailers an end-to-end customer experience platform. The platform creating an operating system for direct commerce enables shipping, fulfilment, customer communication and marketing tools as well as providers for SMEs, D2C retailers, and social commerce retailers in India. With 17+ courier partners on board, the brand permits pan-India as well as international shipping deliveries. Its shipping solutions are available across 24,000+ pin codes within India and 220 countries worldwide.

Launched in 2017, Shiprocket is on a mission to create a seamless logistics data platform that connects retailers, carriers, and consumers across national and international locations. Shiprocket provides a technology stack to help retailers integrate their shopping websites on Shopify, Magento, WooCommerce, Zoho, and others with the platform’s multi-carrier API to manage orders, prints, and shipping labels. It also avails tracking information from multiple providers, including managing Cash on Delivery (COD) orders and payment reconciliation. Shiprocket also offers state-of-the-art fulfilment solutions with more than 45 warehouses located across India. The technology stack provides a robust post-purchase experience to consumers resulting in higher engagement and lower RTO (failed deliveries).

Today, Shiprocket is the platform behind more than 2.5L sellers who generate a GMV of more than $2.5B annually. The platform delivers packets to more than 70M consumers annually and is growing transactions 2.5-3X year on year.

Shiprocket Raises $27 Mn in Series C from Tribe Capital and March Capital Inbox

  • The brand aims to leverage these funds to fuel product development, to continue market expansion, and to accelerate overall growth
  • Through this round, existing funds advised by Recruit Strategic Partners, Nirvana Venture Advisors and 500 Startups were able to exit with returns between 6X to 40X.
  • Shiprocket turned profitable in the FY 2018-19


New Delhi, February 18th, 2021: Shiprocket, a Delhi, India-based eCommerce shipping platform that enables fast and cost-effective shipping for D2C retailers has raised USD $27 million (INR 200 Crore) in Series C3 funding. The round was co-led by Tribe Capital, a leading Silicon Valley-based venture capital firm, along with March Capital, a Santa Monica-based venture growth firm. Rahul Mehta of DST Global also participated in the round along with existing investor Bertelsmann India Investments.

The latest infusion of capital brings Shiprocket’s total funding to USD $53 million. The investment will fuel Shiprocket’s aggressive product development roadmap, which includes hiring top talent across product, data, and engineering functions. The funds will also focus on the company’s new strategic initiatives, including expanding globally.

“Shiprocket is the first and the largest D2C shipping enabler in India today. With the growth in D2C as a share of overall eCommerce, there is a growing opportunity to enable the full-stack of services in the post-purchase journey of the D2C consumer. We are excited with the promise the coming years hold for this market and are delighted to be partnering with the smartest capital in the industry along this journey!” said Saahil Goel, CEO and Co-founder, Shiprocket.

“We already power shipping for over 100,000 merchants and have recently launched Shiprocket Fulfilment for extending the existing platform include storage, pick, pack and dispatch. Further, we want to invest in building world-class consumer experiences, as well as helping merchants, grow their business with allied services in the coming years,” he added.

Rajan Mehra, Partner, March Capital said, “E-commerce growth is being led by D2C brands, and Shiprocket's solutions help enable their growth. Shiprocket has simplified the post-purchase experience for thousands of sellers and millions of buyers, and we are excited by their plans for the future of e-commerce”.

Pankaj Makkar, Managing Director, Bertelsmann India Investments said, “We are excited with the recent fund raise by the company which will help Shiprocket build an exceptional post-purchase experience for the company’s 100k merchants. We continue to participate in the fundraise and to support the company to build world-class technology platform for India and eventually the world. ”

Launched in 2017, Shiprocket turned profitable in FY 18-19 and has an annualized revenue run rate between USD $50-60 million. Shiprocket currently processes more than 4 Million monthly shipments, enabling more than 100,000 sellers to sell directly to their consumers across India. Shiprocket previously raised USD $26 million in funding from Bertelsmann India Investments, Nirvana Venture Partners, Beenext, and 500 Startups; these investors continue to back Shiprocket today.

The Series C financing caps an exceptional year for Shiprocket where it saw rapid business growth, key executive appointments, and numerous product launches. Partnering with over 17 logistics providers, Shiprocket’s tech-enabled logistics platform connects merchants, consumers, and supply chain partners across 26,000 pin codes PAN India and 220+ countries and territories globally to create delightful shipping experiences.

About Shiprocket -

Shiprocket is a new-age logistics aggregation platform that drives global and domestic shipping for MSMEs operating in the e-commerce sector. Shiprocket ships to around 220 countries and across 26,000 PIN codes in India with 17 courier partners on-board. Incepted in 2016, Shiprocket today has over 100,000 sellers and has driven a GMV of more than $1 Billion till date. 

Some of the USPs of the platform includes its AI-driven recommendation engine, cost-effectiveness (with domestic and international shipping rates), time-efficiency, data-driven approach, and easy-to-use integrated ecosystem for sellers (including Shiprocket 360 and Shiprocket Social) alongside others. This has enabled the platform to secure a YoY growth rate of 300% throughout and onboard customers irrespective of their operational/target geographies or business volume - emerging as the next-generation logistics enabler for e-commerce shipping in India.

Shiprocket Raises $13 Mn in Series C from Tribe Capital, Innoven Capital and Bertelsmann India Investments

Shiprocket, a tech-enabled logistics aggregator for D2C sellers has announced its Series C round of financing to the tune of USD 13 Million (~INR 100 crore). The round has been led by Tribe Capital LLC, front-running Silicon Valley-based investment firm along with Innoven Capital and existing investor Bertelsmann India Investments.

The latest capital infusion brings Shiprocket’s total funding to $26 million. The investment will be used to fuel Shiprocket’s aggressive product development roadmap which includes hiring top talent across the data science and engineering domains. The funds will also be focused on the company’s new initiatives including its international expansions. As part of the agreement, Arjun Sethi from Tribe Capital LLC will join Shiprocket’s Board of Directors.

“As a truly disruptive platform, Shiprocket has offered numerous SMEs a cost-effective and world-class solution for e-commerce shipping. The boom in D2C brands and social selling across India has been facilitated by companies like ours who are committed to providing advanced technology and fulfillment solutions to online sellers enabling them to compete with larger brands and marketplaces” said Saahil Goel, CEO and Co-founder, Shiprocket.

“This additional capital will allow us to accelerate our strategic goals and product development endeavors by hiring top talent in key areas. We are extremely grateful to Bertelsmann India Investments for continuing to back us over the years and being supportive of our vision. We also welcome our new investors Tribe Capital LLC and Innoven Capital to the Shiprocket family.” he added.

Speaking on the investment, Arjun Sethi, Co-founder, Tribe Capital , said, “One of the reasons why the United States and emerging economies have thrived over the last 50 years has been a healthy dynamic of small to medium entrepreneurial businesses alongside consolidation and scaling corporations. We invested in Shiprocket because they empower the small to medium businesses that truly represent the heart and soul of any emerging economy. Today, the SME segment lacks capital finance and credit, infrastructure, technology, and marketing strategies. Shiprocket has enabled these businesses to grow at a time of emerging competition enabled by mobile internet and corporations."

Pankaj Makkar, Bertelsmann India Investments said, “Shiprocket is a company with strong value to consumers and great growth trajectory. It is one of the leaders in the booming Indian SME technology space and is already the backbone of direct e-commerce market. We are very excited to deepen our ties with the exceptional management team for the next chapter in the company’s journey.”

Tarana Lalwani, Director, Innoven Capital, said, “Having been engaged with the brand’s performance for a while, we are particularly impressed to see Shiprocket’s contribution to young brands and SME’s in providing an efficient logistics platform. We are excited to partner with Shiprocket and look forward to a long-lasting relationship with the company as it continues to grow.”

Launched by Bigfoot Retail Solutions in 2017, Shiprocket turned profitable in FY 18-19 with an annualized revenue run rate between USD 25-30 million. Shiprocket processes more than 2 Million monthly shipments, enabling more than 35,000 sellers to sell directly to their consumers across India. Shiprocket has previously raised USD 13 million in funding from existing investors Bertelsmann India Investments, Nirvana Venture Partners, Beenext and 500 Startups who continue to back Shiprocket. The latest round gives nearly 30X returns in 5 years for Shiprocket’s angel investors who exited in this round. Early angels in the company include angel investor Jatin Aneja and 5ideas/Superfuel run by Gaurav Kachru and Pearl Uppal.

The Series C financing caps an exceptional year for Shiprocket where it saw rapid business growth, key executive appointments, and numerous product launches. Partnering with over 17 logistics providers, Shiprocket’s tech-enabled logistics platform connects merchants, consumers and supply chain partners across 26000 pin codes PAN India and 220+ countries and territories globally to create delightful shipping experiences.

About Shiprocket

Shiprocket is a new-age logistics aggregation platform that drives global and domestic shipping for MSMEs operating in the e-commerce sector. Shiprocket ships to around 220 countries and across 26,000 PIN codes in India with 15 courier partners on-board.

Incepted in 2016, Shiprocket today has 1.5 lakh sellers and has driven a GMV of more than $120 million till date. Some of the USPs of the platform include its AI-driven recommendation engine, cost-effectiveness (with domestic and international shipping rates), time-efficiency, data-driven approach, and easy-to-use integrated ecosystem for sellers (including Shiprocket 360 and Shiprocket Social) alongside others. This has enabled the platform to secure a YoY growth rate of 300% throughout and onboard customers irrespective of their operational/target geographies or business volume - emerging as the next-generation logistics enabler for e-commerce shipping in India.

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