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Shiprocket

Indian D2C ecommerce shipping and logistics platform connecting merchants to courier partners
Logistics 📍 Gurgaon, India Founded 2017
Current Valuation
$1.3B
as of 2024-Q4
UNICORN
Shiprocket is India's largest ecommerce shipping aggregator, connecting D2C merchants and SMBs to a network of courier partners for last-mile delivery, cross-border shipping, and fulfillment. The company filed a confidential draft prospectus with SEBI for an INR 2,000-2,500 crore IPO in 2025. Backed by Temasek, Bertelsmann India, PayPal, and Zomato. Shiprocket hit ~$205M in revenue in FY24 with revenue up 21% YoY and net loss declining 87.5%.

Company Profile

CEO
Saahil Goel
Founded
2017
HQ
Gurgaon, India
Employees
~2000
Total Raised
$322M
Est. Revenue
$205M (2024-Q4)
Growth
~21% YoY revenue growth; net loss narrowed 87.5% in FY24
Last Round
Series E — $33M (Jun 2024) · Lead: Koch Disruptive Technologies
IPO Status
rumored

Founders & Key People

Saahil GoelGautam KapoorAkshay GhulatiVishesh Khurana

Investors

Temasek · Bertelsmann India Investments · PayPal · Lightrock · Tribe Capital · Zomato

Products

  • Shiprocket shipping aggregator (D2C ecommerce)
  • Cross-border shipping (Shiprocket X)
  • Fulfillment-as-a-service (Shiprocket Fulfillment)
  • Engage 360 (CRM + omnichannel marketing)

Competitors

Delhivery (public) · Ekart (Flipkart) · Xpressbees · BlueDart (DHL)
LogisticsIndiaEcommercePre-IPOD2C
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.