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  • Shiprocket acquires Arvind's omnichannel tech biz Omuni for Rs 200 crore Jul 19, 2022 12:05 PM IST

    Shiprocket acquires Arvind's omnichannel tech biz Omuni for Rs 200 crore

    The deal comes about a month after Shiprocket acquired a majority stake in logistics firm Pickrr for USD 200 million in a mix of equity and cash transaction.

  • Shiprocket acquires Arvind’s SaaS business for Rs 200 crore Jul 19, 2022 10:41 AM IST

    Shiprocket acquires Arvind’s SaaS business for Rs 200 crore

    In 2021, Shiprocket raised $185 million in a Series E round co-led by Zomato and Singapore's sovereign wealth fund Temasek

  • Shiprocket to acquire majority stake in Pickrr for $200 million Jun 15, 2022 12:11 PM IST

    Shiprocket to acquire majority stake in Pickrr for $200 million

    Shiprocket and Pickrr cater to India's burgeoning D2C (direct-to-customer) sector, where enterprises book order online and deliver it directly to customers.

  • Zomato-backed Shiprocket to acquire Pickrr in a $200 million deal Jun 15, 2022 10:44 AM IST

    Zomato-backed Shiprocket to acquire Pickrr in a $200 million deal

    The two logistics companies together process 10 million shipments per month with a customer base of over 75,000 merchants including D2C brands, SME e-tailers, and social commerce sellers

  • 9Unicorns marks fifth close of its maiden fund at $100 million May 09, 2022 07:30 PM IST

    9Unicorns marks fifth close of its maiden fund at $100 million

    Apart from Vedantu and ShipRocket, 9Unicorns has so far invested in startups like Melorra, Reshamandi, Biddano, BluSmart, IGP.com, Faarms, Instoried and GoQii, through its maiden fund.

  • Zomato sets up NBFC, acquires minority stakes in UrbanPiper, AdOnMo Jan 28, 2022 08:54 AM IST

    Zomato sets up NBFC, acquires minority stakes in UrbanPiper, AdOnMo

    The Gurugram-based company has invested $5 million in UrbanPiper as part of a larger $24 million round for a 19 percent stake and $15 million in Adonmo to acquire 5 percent stake

  • Zomato-backed Shiprocket acquires B2B logistics firm Rocketbox, opens exit door for IPO-bound Delhivery Jan 14, 2022 12:50 PM IST

    Zomato-backed Shiprocket acquires B2B logistics firm Rocketbox, opens exit door for IPO-bound Delhivery

    The acquisition comes soon after Shiprocket announced its commitment to acquire a majority stake in Delhi-based Wigzo Tech.

  • Zomato-backed Shiprocket to acquire 75% in Delhi-based Wigzo Tech Jan 07, 2022 01:03 PM IST

    Zomato-backed Shiprocket to acquire 75% in Delhi-based Wigzo Tech

    Wigzo Tech offers an enterprise automation suite that provides intelligence on customer purchasing behaviour

  • Zomato-backed Shiprocket to acquire 75% stake in Wigzo Tech  Jan 05, 2022 10:19 PM IST

    Zomato-backed Shiprocket to acquire 75% stake in Wigzo Tech 

    Last year, logistics aggregator Shiprocket roped in Zomato as an investor.

  • Exited my investment in Shiprocket before Zomato invested in it: Deepinder Goyal Dec 10, 2021 03:30 PM IST

    Exited my investment in Shiprocket before Zomato invested in it: Deepinder Goyal

  • Shiprocket to raise $185 million in Series E round co-led by Zomato, Temasek Dec 10, 2021 08:44 AM IST

    Shiprocket to raise $185 million in Series E round co-led by Zomato, Temasek

    Shiprocket will use the funding to expand the stack for merchants, focus on faster deliveries through warehousing network, acquisitions besides inorganic expansions

  • Swiggy's food delivery revenue grew 56%, says its investor Prosus Nov 22, 2021 06:45 PM IST

    Swiggy's food delivery revenue grew 56%, says its investor Prosus

  • Zomato: Record revenue comes with rising costs; valuation expensive Nov 11, 2021 10:02 AM IST

    Zomato: Record revenue comes with rising costs; valuation expensive

    Zomato's sharp growth comes with rising losses and would only push the profitability timeline further

  • Zomato to deploy $1 billion over 1-2 years in startup investments, picks stakes in Shiprocket, Magicpin and Curefit Nov 10, 2021 08:21 PM IST

    Zomato to deploy $1 billion over 1-2 years in startup investments, picks stakes in Shiprocket, Magicpin and Curefit

    While the Shiprocket funding is part of a $200 million round which the company is raising, Curefit and Magicpin's are standalone equity rounds.

  • Curefit to raise funding from Zomato, likely to become unicorn Nov 10, 2021 01:02 PM IST

    Curefit to raise funding from Zomato, likely to become unicorn

    In August, Moneycontrol reported that Ankit Nagori was in talks to raise Rs 100 crore to build a house of food and cloud-kitchen brands.

  • Exclusive | Zomato in advance talks to invest in Shiprocket in $200-million round Nov 08, 2021 12:01 PM IST

    Exclusive | Zomato in advance talks to invest in Shiprocket in $200-million round

    It will be Zomato's first big-ticket investment after getting listed. The company is expected to diversify its bet in the logistics space with this investment

  • Shiprocket raises $41.3 million in Series-D1 funding led by PayPal Ventures and Bertelsmann Jul 08, 2021 09:35 AM IST

    Shiprocket raises $41.3 million in Series-D1 funding led by PayPal Ventures and Bertelsmann

    A part of the funds raised will be utilised towards new strategic initiatives, like global expansion starting with the Middle East.

  • Dukaan steps into e-commerce space to bring neighbourhood stores online Mar 23, 2021 01:19 PM IST

    Dukaan steps into e-commerce space to bring neighbourhood stores online

    Dukaan aims to help neighbourhood stores face competition from e-commerce giants such as Amazon and Flipkart. It plans to keep its service free initially but would charge stores if they have ask for services such as GST invoices.

  • Shiprocket in talks to raise $20-22 million from March Capital, Tribe and others Dec 31, 2020 01:17 PM IST

    Shiprocket in talks to raise $20-22 million from March Capital, Tribe and others

    Shiprocket works with courier companies and connects merchants, consumers and supply-chain partners across India and around the world

  • Repeated lockdowns push more and more smaller retailers to go online Jul 23, 2020 12:22 PM IST

    Repeated lockdowns push more and more smaller retailers to go online

    From selling sarees to pickles to offering online gym classes to virtual comedy shows, small and micro businesses now have a good presence in the cyberspace

  • Shiprocket raises $13 million from Tribe Capital, Innoven Capital, Bertelsmann India Investments May 11, 2020 12:38 PM IST

    Shiprocket raises $13 million from Tribe Capital, Innoven Capital, Bertelsmann India Investments

    The series C funding round also saw participation from existing investor Bertelsmann India Investments.

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