More details: See hereWhen Shiprocket was launched in 2017 by Saahil Goel, Gautam Kapoor, Akshay Ghulati and Vishesh Khurana, the startup knew how small businesses grappled with shipping challenges
Shiprocket decided to differentiate itself from Day 1 and started to operate with an asset-light, technology-driven model
Today, this unicorn caters to more than 150K sellers and provides a bouquet of services ranging from hyperlocal deliveries to international shipping
The ecommerce logistics sector in India is witnessing a boom, given the demand for fast and efficient delivery solutions as businesses race to meet customer expectations. The market is projected to reach $7.8 Bn by 2030 from $4.4 Bn in 2025, reflecting a 12.2% CAGR for the forecast period.
It is hardly surprising. Getting the logistics within a business wrong is bound to have dire consequences, especially for smaller enterprises or new entrants with little money to set up expansive distribution and specialised logistics teams.
Another critical challenge is scale. Shipping in small quantities tends to get more expensive but many are compelled to do this. After all, there can be no greater business problem than a product not reaching its customers.
When shiprocket was launched in 2017 by Saahil Goel, Gautam Kapoor, Akshay Ghulati and Vishesh Khurana, the startup knew how small businesses grappled with shipping challenges. It was a classic pain point waiting to be solved, and the startup mulled how it could give the logistics control back to the businesses (well, they never had it in the first place) and help them grow.
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