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Shiprocket inks an agreement for USD 185 million in Series E funding

Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more