Shiprocket IPO Likely This Month At ₹7,000 Cr Valuation: Report

Shiprocket, an ecommerce enablement startup, is set to launch its IPO within the next one or two weeks at a valuation of ₹7,000 Cr, according to an Inc42 report. This valuation is approximately 30% lower than the company's last equity funding round in December 2024, which commanded a valuation of nearly ₹10,000 Cr. Shiprocket, founded in 2017 by Gautam Kapoor, Saahil Goel, Vishesh Khurana, and Akshay Ghulati, provides logistics and ecommerce enablement solutions for online sellers.

The startup has raised $400 Mn in equity funding since its inception, with recent investors including LR India Fund I, Arvind Ltd, Tribe Capital III, MCP3 SPV LLC, and Bertelsmann Nederland B.V. The IPO will see the offloading of shares by the cofounders and investors through a fresh issue of equity shares worth up to ₹1,100 Cr and an offer-for-sale (OFS) of up to ₹1,242.3 Cr.

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