Logistics aggregator platform Shiprocket has raised $185 million in a Series E round co-led by Zomato, Teamasek and Lightrock India. Existing investors InfoEdge Ventures and March Capital along with Moore Strategic Ventures and 9unicorns also participated in the round.
This is the third funding round of the year for the logistics tech firm, taking the total fund raised to $280 million.
Shiprocket will deploy the new capital towards core product expansion, research and development, talent acquisition, product development and new strategic initiatives.
