Logistics startup Shiprocket is raising INR 219 Cr in a Series E funding round, led by KDT Ventures with participation from MUFG Bank, Tribe Capital, SAI Global, and Huddle Ventures. KDT Ventures will invest INR 124.5 Cr, while MUFG Bank will invest INR 49.79 Cr in two tranches. The funding aims to support Shiprocket's operations and expand its logistics capabilities.

Huddle Ventures

Sai Global

Tribe Capital

Mufg Bank

Kdt Ventures

Shiprocket will use the funds to expand to the Middle East, starting from Saudi Arabia.

Shiprocket raised INR 219 Cr (around $26 Mn) in a Series E funding round led by KDT Ventures to enhance its logistics services.

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