Logistics aggregator Shiprocket gets SEBI nod for its IPO

Shiprocket has received SEBI approval for its IPO worth INR 2,000–2,500 crore, including a fresh issue of INR 1,000–1,200 crore. The firm cut FY25 losses by 88% to INR 74.5 crore and grew revenue 24% to INR 1,632 crore. Founded in 2017, it partners with 17+ couriers, serving D2C brands across India and 200+ global markets.