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Shiprocket's revenue climbs 70% in FY22

TMT

26 October, 2022

Shiprocket's revenue climbs 70% in FY22

Logistics unicorn Shiprocket has logged a 70% year-on-year (YoY) jump in its topline at Rs 611 crore in the year ......

FourKites raises $10 mn from Japanese investor Mitsui

Finance

29 September, 2022

FourKites raises $10 mn from Japanese investor Mitsui

Logistics-focused technology platform FourKites has raised $10 million from Japan-based trading and investment firm Mitsui & Co., Ltd., as a ......

Logistics startup Hackle secures early-stage funding

Consumer

22 September, 2022

Logistics startup Hackle secures early-stage funding

Bengaluru-based logistics and distribution startup Hackle has secured $1.25 million (around Rs 10 crore) in funding from Pescafresh, a direct-to-consumer ......

Bizongo names Ex-Freshworks' product head as its Vice President of Product

People

23 August, 2022

Bizongo names Ex-Freshworks' product head as its Vice President of Product

Bizongo, a tech-enabled B2B platform, has appointed former Freshworks Director, Deepanjan Chattopadhyay as the Vice President of Product. The company ......

Delhivery's Q1 net and operational losses widen while topline rises over 30%

Infrastructure

09 August, 2022

Delhivery's Q1 net and operational losses widen while topline rises over 30%

Recently-listed logistics and supply chain company Delhivery’s net loss for Q1FY23 widened to Rs 399.3 crore compared to a loss ......

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

TMT

02 August, 2022

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

Late-stage investor Avendus Future Leaders Fund has acquired a stake in e-commerce logistics provider Xpressbees from existing investor Elevation Capital, ......

Premium
Not looking for IPO now but want to be ready for it, says Shiprocket founder

Consumer

19 July, 2022

Not looking for IPO now but want to be ready for it, says Shiprocket founder

Shiprocket has made its fifth acquisition this year with Arvind Internet's SaaS platform Omuni being the latest entrant in the basket. The company ......

Shiprocket marks fifth acquisition with Arvind's tech business

Infrastructure

19 July, 2022

Shiprocket marks fifth acquisition with Arvind's tech business

Temasek-backed logistics startup Shiprocket has acquired Arvind Ltd’s omnichannel software-as-a-service (SaaS) platform, Omuni for Rs 200 crore, marking its fifth ......

JM Financial PE-backed logistics firm Emiza acquires Shippigo

Infrastructure

07 July, 2022

JM Financial PE-backed logistics firm Emiza acquires Shippigo

Emiza Supply Chain Services Pvt. Ltd, a warehousing and fulfilment services provider, said it has acquired Gurugram-based technology platform for ......

Equitas Holdings divests entire stake in logistics tech arm

Finance

06 July, 2022

Equitas Holdings divests entire stake in logistics tech arm

Ahead of its much-awaited merger with Equitas Small Finance Bank, Chennai-based Equitas Holdings has divested its entire shareholding in logistics ......