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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 and Akshay Ghulati. 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 1176 active competitors, including 237 funded and 128 that have exited. Its top competitors include companies like Delhivery, Shadowfax and LetsTransport.

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
XFacebook
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
₹1,000+ Cr 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 and Akshay Ghulati. Saahil Goel, 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 9m
Team
-
Current
13y 9m
Independent board member
-
Current
1y 2m
Independent board member
-
Current
1y 10m
Independent board member
-
Current
1y 10m
Independent board member
-
Current
1y 2m
Independent board member
-
Current
5y 9m

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 LetsTransport. 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 LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery
$92.6M
76/100
5th
Logo for Lalamove
Lalamove
2013, Kowloon (China), Series F
Tech company providing on demand delivery solutions
$2.28B
74/100
6th
Logo for Locus
Locus
2015, Milpitas (United States), Acquired
Provider of an AI-powered platform for optimizing logistics and delivery
$82.5M
73/100
7th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
8th
Logo for Shippo
Shippo
2013, San Francisco (United States), Series E
Provider of web-based shipping solution for e-commerce businesses
$154M
72/100
9th
Logo for Ripplr
Ripplr
2019, Bengaluru (India), Series C
Provider of distribution and logistics services for multiple industry verticals
$123M
72/100
10th
Logo for Stord
Stord
2015, Atlanta (United States), Series F
Provider of cloud-based end-to-end logistics and supply chain management solutions
$777M
71/100
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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
2203237
7290155
4639952
2712712
86053
84573
73707
28566
86798
21103
95912
94115
37351
14219
25072
23249
Fund
67.62%
6,790Cr
6422074
2099149
3131776
5834888
9182406
2248588
8224743
6532675
5188588
8614966
6669694
7149790
3822183
4391329
9078855
7130638
24537
42763
92866
19954
75278
91383
79314
64536
91343
90927
93619
81604
3238
6531
7275
8590
4122
8504
621
906
173
127
184
161
6
6
5
4
1
6
1
3
7
2
2
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
9.66%
969Cr
6439607
2636364
6599285
9679762
Angel
0.09%
8.71Cr
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
3.22%
323Cr
101
268
470
393
ESOP Pool
7.50%
753Cr
1770238
5900675
4590951
2647226
Total
100.00%
10,000Cr
8034783
4359515
6595532
7757098
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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 15 events in the last 1 year, 6 of them have been about company updates.
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FAQs about Shiprocket

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