Shiprocket claims to give a 30X return to angels after $13 Mn Series C round
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Logistics aggregator for D2C sellers, Shiprocket has picked up $13 million in a Series C round led by Tribe Capital LLC. Innoven Capital and existing investor Bertelsmann India Investments also participated in the round. The latest capital infusion brings Shiprocket’s total funding to $26 million. Previously, the Delhi-based startup had raised $13 million from existing backers Bertelsmann, Nirvana Venture Partners, Beenext, and 500 Startups.