Shiprocket is in talks with Temasek to lead a new funding round of around $200 million. The company is planning to use the new funds for growth and purchase smaller startups in the areas like automation and others, reports media.
Company founder Saahil Goel said the funding news was not accurate. “We have not finalised our round construct and have not signed any agreement yet. The final set of investors, fundraise amount and valuation are in the works right now. The fundraiser will help us grow our business as well as grow inorganically via tech purchases,” he said in an emailed statement to Media.

• Andhra Pradesh Approves Rs 500 Crore Port, Shipbuilding Cluster
• Amazon Eyes Faster Content Production With AI
• Why India Is Emerging as a Second Home for Multinationals
• Concord Control Wins KAVACH 4.0 Order; Stock Jumps 4%
• Strides Pharma Trades Flat Despite USFDA Clearance

Shiprocket collects delivery demands from direct-to-consumer (D2C) brands, micro-entrepreneurs and local firms and sends them to logistics companies like Delhivery and Ecom Express. They also offer a technology stack to retailers to join their shopping websites on platforms like Shopify.