Happy Thursday! SaaS startup Innovaccer is in discussions to raise funding at a flat valuation of $3 billion. This and more in todays ETtech Morning Dispatch.
Ecom Express s FY23 revenue rose 20% to Rs 2,548 crore, but with a widened loss at Rs 375 crore due to increased total expenses. Courier services revenue exceeded Rs 2,300 crore.
Shiprocket closes $185 million funding led by Zomato, Temasek and Lightrock Shiprocket, a logistics aggregator, has raised $185 million (Rs 1,380 crore) in a Series E funding round co-led by , Singapore's sovereign wealth fund Temasek and Lightrock India, a senior company executive told ET. The company did not share the expected valuation after the
Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen : Rashtra News #Tussle #continues #logistics #cos #aggregators #ecomm #grows #offline #stores #reopen After learning that online logistics aggregators were trying to woo away their clients with lower prices, three large ecommerce-focussed delivery firms simultaneously hiked their fees for these aggregators