What is Shiprocket 360?
Shiprocket 360, a product of BigFoot Retail Solution, is a prominent eCommerce enabler headquartered in New Delhi, India. Established in 2012, the company provides a comprehensive suite of solutions tailored for Small and Medium-Sized Enterprise (SME) businesses, facilitating their online retail operations. The company's evolution from Kartrocket signifies a strategic rebranding aimed at capturing a broader market share and enhancing its service offerings in the competitive digital commerce landscape.
How much funding has Shiprocket 360 raised?
Shiprocket 360 has raised a total of $6.1M across 2 funding rounds:
Series A
$2M
Unspecified
$4.1M
Series A (2014): $2M with participation from 500.com and Nirvana Ventures
Unspecified (2018): $4.1M led by Bertelsmann India Investments
Key Investors in Shiprocket 360
Bertelsmann India Investments
Bertelsmann India Investments is a venture capital firm that typically invests in growth-stage companies, often focusing on sectors like technology, media, and education within the Indian market.
500.com
500.com, often referred to as 500 Global, is a prominent global venture capital firm known for its early-stage investments in technology startups across various sectors.
Nirvana Ventures
Nirvana Ventures is an Indian venture capital firm that focuses on early-stage investments, particularly in technology and consumer-focused businesses.
What's next for Shiprocket 360?
The recent major strategic investment in Shiprocket 360 signals a pivotal phase for the company, likely geared towards scaling its operations, expanding its technological infrastructure, and potentially entering new geographic markets. This capital infusion is expected to fuel further innovation in its eCommerce solutions, enabling SMEs to better compete in the digital economy. The company's trajectory suggests a focus on enhancing its platform's capabilities and solidifying its position as a leader in the Indian eCommerce enablement market.
See full Shiprocket 360 company page
