Shiprocket takes majority stake in Pickrr in a $200 million deal, closing Shyplite buy too - Economic Times


6/14/2022 12:00:00 AM2 years 10 months ago
by Digbijay Mishra

Zomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite. ET has seen emails to Shyplite merchants about the transfer of the business to Shiprocket, but the company did not com…

Bengaluru: Logistics aggregator Shiprocket said it has acquired a majority stake in rival Pickrr through a cash-and-stock deal valuing it at around $200 million, triggering a significant consolidatio… [+3435 chars]

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