Tag: Saahil Goel

Business

CommerceUp and Shiprocket have partnered to provide integrated solutions to online e-commerce businesses

Dec 17, 2021 by Rekha Nair 0 Comments #CEO and Co-founder of Shiprocket, #Founder of CommerceUp, #Piyush Pathak, #Saahil Goel

In an attempt to overcome logistics troubles and offer a seamless delivery experience to all its clients and customers, CommerceUp an end-to-end Saas e-commerce company is now associated with India’s largest eCommerce shipping solution company, Shiprocket.

With this partnership, merchants and enterprises using CommerceUp services will have access to fast and reliable shipping solutions anywhere in the country. Advanced logistics solutions of Shiprocket integrated with progressive eCommerce solutions of CommerceUp will offer the ultimate launchpad for any business entering the world of digital operations.

By integrating Shiprocket as an eCommerce fulfillment and warehousing solution in its dashboard, CommerceUp clients can instantly dispatch the order after it has been requested. In addition to this, they will also have access to the entire spectrum of shipping features like domestic and international shipping, lower return costs, insurance coverage for lost shipments, etc.

Moreover, enterprises, merchants using CommerceUp for their business as well as their customers will be able to check real-time shipment status. This will be possible with the help of a unique tracking ID associated exclusively with their order number. Additionally, customers will also be able to avail COD option on their orders, therefore, allowing merchants to reach a larger number of markets.

With this partnership businesses can now:

● Fulfil a large number of orders in a short period

● Provide next day delivery

● Gain a larger share in domestic markets

● Launch their online store in a matter of days

● Offer tailor-made D2C solutions

Commenting on the collaboration, Piyush Pathak, Founder of CommerceUp said “E-commerce brands need quick delivery solutions to dispatch a large number of orders in a short amount of time. Shiprocket integration will help CommerceUp users achieve lightning fast delivery globally while having greater control over supply chain management. Without worrying about logistics, brands will have more time on their hands to improve products and market them to the target audience”.

We are delighted to shake hands with CommerceUp to enable enterprises and sellers to provide superior quality services to their customers and scale up their business. We at Shiprocket have identified an upward trend of customer expectations, and we are committed to providing for the same. For us, ensuring customer delight is central to all decisions we make said Saahil Goel, CEO and Co-founder of Shiprocket.

CommerceUp offers cutting-edge solutions for both small-scale and large-scale businesses. We help them build progressive web and mobile applications that come with payment gateway, ERP integration, and now Shiprocket shipment integration. Powered by AWS (Amazon web services), CommerceUp clients can easily sell on multiple social media platforms thereby accessing a larger marketplace. We also offer dedicated account managers and channel partners to build and sustain scalable businesses.

CommerceUp is currently expanding in the middle east market where it is helping D2C brands gain a larger market share in a cost-efficient manner. Platform’s integrated tools and Arabic language support are enabling clients to manage their online store seamlessly.

Business World, News

Dukaan partners with Dunzo and Shiprocket – Integrates Delivery into the Platform

May 21, 2021 by Rekha Nair 0 Comments #and CEO, #Co-Founder and CEO of Shiprocket, #Dukaan, #Dunzo, #Founder, #Head - Strategy & New Initiatives, #Kartik Mishra, #Saahil Goel, #Summit Shah

Bengaluru, India: Dukaan, a leading SaaS platform for online stores, today announced that it has partnered with Dunzo, India’s leading on-demand commerce & delivery platform, and Shiprocket, a frontrunning tech-enabled logistics aggregation platform, to integrate delivery into the platform for a seamless retail experience. Pandemic-led surges in demand for home deliveries indicate a long-term trend that would become the upcoming normal in a post-pandemic world. Hence, it is essential that retailers prepare for the future by unclogging the obstructions to ensure more agile supply chain operations.

Shiprocket provides a fully automated end-to-end workflow from sending the inventory to dispatching and tracking orders, while Dunzo’s expertise lies in on-demand delivery that ensures customers get what they want when they want it. By integrating both capabilities into the platform, Dukaan’s 3.5 million merchants can not only automate their delivery systems but also acquire better control of their business with techniques to manage their deliveries across stores and consumers.

“While retailers are expediting digitization to future-proof their business, it is essential to bring delivery automation capabilities into the mix. The strategic partnerships with Dunzo and Shiprocket, provide enhanced and automated delivery capabilities at the core of the platform. The growing demands of delivery tracking rest on bringing predictability to order service time and delivering a great experience for consumers and we at Dukaan are always working towards building a seamless future for the retail industry.” Summit Shah, Founder, and CEO, Dukaan.

“Convenience has been the cornerstone of the experience we promise at Dunzo. Whether it’s users ordering groceries or merchants opting for our on-demand logistics, we aim to make everyday transactions in the offline world easy and seamless. Dunzo and Dukaan have partnered to empower merchants with better logistics, faster deliveries, and greater economic opportunities in a rapidly changing retail environment,” says Kartik Mishra, Head – Strategy & New Initiatives, Dunzo.

Saahil Goel, Co-Founder and CEO of Shiprocket added, “The Indian logistics industry has come a long way with respect to the adoption of cutting-edge technologies. Automation has propelled seamless last-mile deliveries and empowered logistics platforms to meet the growing demand for eCommerce. We are delighted to join hands with Dukaan to extend our tech-enabled shipping services for frictionless delivery of goods. We look forward to a fruitful partnership.”

An automated delivery system also helps retailers scale their business by reducing the time and effort spent on managing the logistics involved with each customer order. This in turn improves the experience for the end customer as well as those involved in the supply chain operations. Dukaan is a comprehensive platform that provides end-to-end solutions ranging from inventory management, promotions, sales, payment and delivery for sellers across the country.

Business World, News

Shiprocket raises USD $27 million in Series C from Tribe Capital and March Capital…

Feb 19, 2021 by Rekha Nair 0 Comments #Bertelsmann India Investments, #CEO and Co-founder, #Managing Director, #March Capital, #Pankaj Makkar, #Partner, #Rajan Mehra, #Saahil Goel, #Shiprocket

New Delhi: Shiprocket, a Delhi, India-based eCommerce shipping platform that enables fast and cost-effective shipping for D2C retailers has raised USD $27 million (INR 200 Crore) in Series C3 funding. The round was co-led by Tribe Capital, a leading Silicon Valley-based venture capital firm, along with March Capital, a Santa Monica-based venture growth firm. Rahul Mehta of DST Global also participated in the round along with existing investor Bertelsmann India Investments.

The latest infusion of capital brings Shiprocket’s total funding to USD $53 million. The investment will fuel Shiprocket’s aggressive product development roadmap, which includes hiring top talent across product, data, and engineering functions. The funds will also focus on the company’s new strategic initiatives, including expanding globally.

“Shiprocket is the first and the largest D2C shipping enabler in India today. With the growth in D2C as a share of overall eCommerce, there is a growing opportunity to enable the full-stack of services in the post-purchase journey of the D2C consumer. We are excited with the promise the coming years hold for this market and are delighted to be partnering with the smartest capital in the industry along this journey!” said Saahil Goel, CEO and Co-founder, Shiprocket.

“We already power shipping for over 100,000 merchants and have recently launched Shiprocket Fulfilment for extending the existing platform include storage, pick, pack and dispatch. Further, we want to invest in building world-class consumer experiences, as well as helping merchants, grow their business with allied services in the coming years,” he added.

Rajan Mehra, Partner, March Capital said, “E-commerce growth is being led by D2C brands, and Shiprocket’s solutions help enable their growth. Shiprocket has simplified the post-purchase experience for thousands of sellers and millions of buyers, and we are excited by their plans for the future of e-commerce”.

Pankaj Makkar, Managing Director, Bertelsmann India Investments said, “We are excited with the recent fund raise by the company which will help Shiprocket build an exceptional post-purchase experience for the company’s 100k merchants. We continue to participate in the fundraise and to support the company to build world-class technology platform for India and eventually the world. ”

Launched in 2017, Shiprocket turned profitable in FY 18-19 and has an annualized revenue run rate between USD $50-60 million. Shiprocket currently processes more than 4 Million monthly shipments, enabling more than 100,000 sellers to sell directly to their consumers across India. Shiprocket previously raised USD $26 million in funding from Bertelsmann India Investments, Nirvana Venture Partners, Beenext, and 500 Startups; these investors continue to back Shiprocket today.

The Series C financing caps an exceptional year for Shiprocket where it saw rapid business growth, key executive appointments, and numerous product launches. Partnering with over 17 logistics providers, Shiprocket’s tech-enabled logistics platform connects merchants, consumers, and supply chain partners across 26,000 pin codes PAN India and 220+ countries and territories globally to create delightful shipping experiences.