Ahead of Rs.1,618-crore IPO, Shiprocket looks beyond parcel delivery to merchant software
Bengaluru, Aug. 6 -- As logistics aggregator Shiprocket prepares to launch its initial public offering (IPO) next week, managing director and CEO Saahil Goel is betting on non-shipping services to drive the company's next phase of growth. Offerings like cross-border commerce, omnichannel software, checkout tools, and marketing solutions now generate over a quarter of total revenue and are growing nearly three times faster than its core business.
These emerging tech solutions accounted for more than 25% of revenue in FY26, surging 65% year-on-year compared to the company's overall revenue growth of about 25% and 14% growth in the core shipping business. The shift underscores Shiprocket's transition from a logistics enabler into a broader ...
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