Logistics giant Shiprocket said it has invested $1.5 million in Logibricks, a SaaS platform that helps online retailers manage their logistics operations.
The deal will help Logibricks to revamp its current product and unveil its new platform by April 2022. The funds will also be used for hiring.
Founded by Ameya Shah, Karan Kabra, and Shereef Mohammed, Logibricks is a 5-year-old startup based out of Pune.