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New Deal


Announced

Completed

Zomato, Temasek and Lightrock India led a $185 Series E funding round in Shiprocket.

Financials

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Transaction Value£140m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

e-commerce shipping platform

India

E-commerce

Acquisition

Private

Minority

Private Equity

Venture Capital

Completed

Friendly

Synopsis

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Zomato, an Indian multinational restaurant aggregator, Temasek, an investment company, and Lightrock India, a global private equity partnership, led a $185 Series E funding round in Shiprocket, a developer of an e-commerce shipping and enablement platform. Additional investors include Moore Strategic Ventures, 9unicorns, InfoEdge Ventures and March Capital. Shiprocket is on track to launch its hyperlocal delivery options which will guarantee low turnaround times. The company entered the international market last month by launching its services in Saudi Arabia. The startup also plans to actively explore mergers and acquisitions for growth.

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