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In a strategic move, Zomato, the renowned food delivery platform spearheaded by Deepinder Goyal, is eyeing the acquisition of Shiprocket, a prominent e-commerce shipping startup.
Zomato, which also owns quick commerce platform Blinkit, is already an investor in Shiprocket.
Homegrown logistics solution provider Shiprocket is reportedly in talks with top VC firms for a fund-raise upto $75-100 million, led by US-based investment firm Tribe Capital.According to a TechCrunch report, citing sources, "the funding talks ...
In its pilot phase, Shiprocket has already enabled around 150 SMBs with access to vital growth capital and disbursed more than Rs 35 crores via Shiprocket Capital.
Shiprocket Capital presents a big opportunity for the 3 lakh merchants on the platform with a gross merchant value of over Rs 30,000 crore to scale their business and secure up to Rs 10 crore in revenue-based financing, it stated.