Thursday, 5 March, 2026
Shiprocket raises $41.3 mn from various ventures
By Basit Ansari
<p>Logistics firm Shiprocket has raised $41.3 million ( ₹305 crore) in series D funding from Paypal, Info Edge Venture, and Temasek Holdings. The funds will be utilised for product expansion, R&D and talent acquisition. Shiprocket’s offerings has included using machine learning algorithms to accurately predict delivery dates. These algorithms will also help merchants seamlessly choose across various courier partners etc.<br />
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