Shiprocket announces $185 Mn Series E round

Logistics aggregator platform Shiprocket has raised $185 million in a Series E round co-led by Zomato, Teamasek and Lightrock India. Existing investors InfoEdge Ventures and March Capital along with Moore Strategic Ventures and 9unicorns also participated in the round.  This is the third funding round of the year for the logistics tech firm, taking the total fund raised to $280 million.  Last month, Zomato had signed definitive documents for investing around $75 million in Shiprocket for about 8% stake as part of the current round. Continue reading Shiprocket announces $185 Mn Series E round at Entrackr.

Shiprocket announces $185 Mn Series E round

Shiprocket announces $185 Mn Series E round

Logistics aggregator platform Shiprocket has raised $185 million in a Series E round co-led by Zomato, Teamasek and Lightrock India. Existing investors InfoEdge Ventures and March Capital along with Moore Strategic Ventures and 9unicorns also participated in the round. 

This is the third funding round of the year for the logistics tech firm, taking the total fund raised to $280 million. 

Last month, Zomato had signed definitive documents for investing around $75 million in Shiprocket for about 8% stake as part of the current round.