India’s ecommerce shipping Shiprocket will raise 219 crore rupees (around US$25.6 million) in a funding round led by KDT Ventures, with additional investors including Japan’s MUFG Bank, Tribe Capital, SAI Global, and Huddle Ventures.
The funding follows recent approval from the Competition Commission of India for minority stake acquisitions in Shiprocket by MUFG and KDT Ventures.
Founded in 2017, Shiprocket aggregates logistics solutions through partnerships with couriers like Delhivery and FedEx.
You've reached your 2 free content limit for the month. Sign up for free to read the full story.
We know this is not ideal. ⌛ Sign up in 20 seconds. Cancel anytime.
Our subscriber community includes professionals from these companies:
Get latest insights with smoother, more personalized experience through TIA mobile app.