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Shiprocket said that it will accelerate its mission to democratise e-commerce fulfillment for the fast-growing universe of D2C retailers by utilising the latest fundraise.
Logistics technology platform Shiprocket on Friday said it has signed a definitive agreement for a $185 million (Rs 1,380 crore) Series E funding round, co-led by Zomato, Temasek and Lightrock India.
India’s digital health startup MFine announced a $48 million Series C funding round co-led by Moore Strategic Ventures and Singapore-based venture capital firm BEENEXT, according to an announcement.
![[Weekly funding roundup] Investments remain low but sentiment is strong - Vimarsana News](https://images.yourstory.com/cs/2/f08163002d6c11e9aa979329348d4c3e/Weeklyimage-1577460362436.png )
Venture capital funding into Indian startups was in double-digit figures for the second week of June, but the ecosystem witnessed increased M&A activity.