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Shiprocket - About the company

Shiprocket is a series E company based in Gurugram (India), founded in 2012 by Gautam Kapoor, Saahil Goel, Akshay Ghulati and Vishesh Khurana. It operates as a Provider of e-commerce shipping, fulfillment, marketing, and financial services. Shiprocket has raised $322M in funding from investors like Temasek, Bertelsmann India Investments and PayPal, with a current valuation of ₹10,000Cr. The company has 1164 active competitors, including 239 funded and 128 that have exited. Its top competitors include companies like Delhivery, Shadowfax and Lalamove.

Company Details

Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Social
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Email ID
*****@shiprocket.com
Phone Number
+91 **********
Registered Address
Plot No- B, Khasra No- 360 Sultanpur, South Delhi, Delhi, Delhi, India, 110030
Key Metrics
Founded Year
2012
Location
Gurugram, India
Stage
Series E
Total Funding
$322M in 12 rounds
Latest Funding Round
Post Money Valuation
₹10,000Cr as on Mar 07, 2025
Investors
Ranked
Annual Revenue
₹1,670Cr as on Mar 31, 2025
Employee Count
915 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
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Shiprocket's funding and investors

Shiprocket has raised a total funding of $322M over 12 rounds. Its first funding round was on Jul 23, 2013. Its latest funding round was a Series E round on Dec 23, 2024 for $26M. 7 investors participated in its latest round. Shiprocket has 44 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Shiprocket:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 23, 2024
$26M
Series E
$1.17B
-
Oct 09, 2023
$11M
Series E
$1.18B
-
-
Aug 12, 2022
$48.4M
Series E
$908M
-
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Shiprocket's founders and board of directors

Founder? Claim Profile
The founders of Shiprocket are Gautam Kapoor, Saahil Goel, Akshay Ghulati and Vishesh Khurana. Saahil Goel, Atul Mehta and Atul Mehta are the CEOs of Shiprocket.
Here are the details of Shiprocket's key team members:

Shiprocket's Board of Directors

Shiprocket's board has 7 active members. Gautam Kapoor and Saahil Goel are part of team and Brijesh Kumar Agrawal, Chetan Kumar Mathur, Kaushik Dutta, Vani Gupta Dandia and Arjun Sethi are independent board members.
Here is the list of Shiprocket's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 7m
Team
-
Current
13y 7m
Independent board member
-
Current
1y 0m
Independent board member
-
Current
1y 8m
Independent board member
-
Current
1y 8m
Independent board member
-
Current
1y 0m
Independent board member
-
Current
5y 7m

Shiprocket's employee count trend

Shiprocket has 915 employees as of Aug 25. The total employee count is 16.0% more than what it was in Aug 24. Here is Shiprocket's employee count trend over the years:
Employee count trend for Shiprocket
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Shiprocket's Competitors and alternates

Top competitors of Shiprocket include Delhivery, Shadowfax and Lalamove. Here is the list of Top 10 competitors of Shiprocket, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Delhivery
Delhivery
2011, Gurugram (India), Public
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services
$1.25B
87/100
2nd
Logo for Shiprocket
Shiprocket
2012, Gurugram (India), Series E
Provider of e-commerce shipping, fulfillment, marketing, and financial services
$322M
85/100
3rd
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$247M
83/100
4th
Logo for Lalamove
Lalamove
2013, Kowloon (China), Series F
Tech company providing on demand delivery solutions
$2.28B
77/100
5th
Logo for LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery
$92.6M
76/100
6th
Logo for BILT
BILT
2014, Grapevine (United States), Series B
Developer of an app providing 3D assembly instructions for consumer goods
$32.1M
73/100
7th
Logo for Ecom Express
Ecom Express
2012, Gurugram (India), Acquired
Provider of end-to-end delivery services for e-commerce companies
$324M
73/100
8th
Logo for Locus
Locus
2015, Milpitas (United States), Acquired
Provider of an AI-powered platform for optimizing logistics and delivery
$82.5M
73/100
9th
Logo for Shippo
Shippo
2013, San Francisco (United States), Series E
Provider of web-based shipping solution for e-commerce businesses
$154M
73/100
10th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
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Shiprocket's Latest cap tables and shareholding

Founders own 11.93%, Funds (largest shareholder) own 67.62%, Enterprises own 9.66% and Angels own 0.09%. The net worth of Shiprocket's founders is INR 1,200Cr as of Mar 07, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
11.93%
1,200Cr
4090602
8373435
9245084
4614785
86987
92931
26000
33941
28644
46073
14484
77878
63560
12555
19678
38922
2
5
3
6
8
4
Fund
67.62%
6,790Cr
6027972
7850223
6390999
4471263
91581
10093
91488
77504
67368
31251
4
8
1
1
5
6
0
0
0
0
0
0
Enterprise
9.66%
969Cr
5523743
5551835
5966230
1565508
Angel
0.09%
8.71Cr
0
0
0
0
Other People
3.22%
323Cr
814
178
700
735
ESOP Pool
7.50%
753Cr
1537428
5430285
6325802
9188233
Total
100.00%
10,000Cr
1780389
8105094
1835467
1606426
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Shiprocket's Shareholding

Shiprocket's Investments and acquisitions

Shiprocket has made 19 investments in companies including Vinculum and FAE Beauty. Shiprocket has also acquired 5 companies including Omuni and Pickrr Services.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 25, 2023
Investments
2007
Noida (India)
Apr 05, 2023
Investments
2019
Mumbai (India)
Jan 05, 2023
Investments
2022
Gurugram (India)
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Reports related to Shiprocket

Here is the latest report on Shiprocket's sector:

News related to Shiprocket

lockFilter this list
Media has covered Shiprocket for a total of 19 events in the last 1 year, 7 of them have been about company updates and 1 about partnerships.
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FAQs about Shiprocket

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