India: Logitech startup Shiprocket raises $27m from Tribe, March Capital, others

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

New Delhi-based logistics aggregator Shiprocket on Thursday announced that it has raised $27 million in Series C3 funding round.

The financing was co-led by Silicon Valley-based venture capital firm Tribe Capital, along with March Capital, a Santa Monica-based venture growth firm, the startup said in a statement. Other investors in the round included Rahul Mehta of DST Global and existing investor Bertelsmann India Investments, the company said in a statement.

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