Beyond Shipping: Shiprocket's Emerging Bets Gather Pace
India, Sept. 8 -- Gurugram-based ecommerce enablement platform Shiprocket is starting to reap the benefits of business bets it began placing well before its stock market listing earlier this year.
Its core business has traditionally involved helping online merchants ship orders by connecting them with multiple logistics providers. Over the years, however, Shiprocket has added checkout, omnichannel commerce, cross-border logistics, and marketing technology (martech) offerings to generate revenue from more stages of every order.
The early results are beginning to show in its financials. Shiprocket's revenue from operations rose 34% YoY to Rs.592.1 Cr in Q1 FY27 from Rs.442 Cr in the year-ago quarter.
While its core shipping business grew...
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