Shiprocket Limited (formerly Bigfoot Retail Solutions Private Limited) was incorporated in New Delhi on September 28, 2011. The company changed its name to Shiprocket Private Limited on July 19, 2024, and was subsequently converted into a public limited company as Shiprocket Limited, with a fresh certificate of incorporation issued on February 18, 2025.
Shiprocket operates as an e-commerce enablement platform powering direct commerce. It supports small businesses, retail brands, direct-to-consumer merchants, and social commerce retailers by providing a technology stack to help them scale. The company also runs analytics on behavioural and transactional data and uses this data to provide marketing or analysis services to merchants.
Its business is organized into two segments: Core Business and Emerging Business. Core Business includes its domestic shipping platform and shipping apps, offering managed end-to-end shipping solutions within India, including multi-modal shipping options, AI-driven logistics provider allocation, and tools for order management and data insights, along with apps for functions such as order tracking and secure shipments.
Emerging Business focuses on new market creation and includes cargo and fulfilment, a cross-border platform, ads and marketing solutions, and other merchant-focused offerings such as capital solutions and hyperlocal deliveries, aimed at improving merchant sales, conversion, and scalability. The company has filed a Draft Prospectus with SEBI and plans an IPO of Rs 2,342.35 crore, comprising a fresh issue of Rs 1,100 crore and an offer for sale of Rs 1,242.35 crore.
