Pickrr: Shiprocket Acquires Majority Stake in Pickrr for USD 200 million

Delhi, India-based tech-enabled logistics solutions company Shiprocket acquired a majority stake in Pickrr on June 15, 2022. Pickrr, a rival company for Shiprocket, is also a Delhi-based e-commerce SaaS platform for D2C brands and SMEs e-tailers. The acquisition cost Shiprocket roughly USD 200 million. The transaction is a mix of cash, equity as well as [...] The post <strong>Shiprocket Acquires Majority Stake in Pickrr for USD 200 million</strong> appeared first on VCBay News.