Bertelsmann Next Makes India Entry with Majority Stake in LetsTransport Group
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FOUNDERS

Saahil Goel | Co-Founder; CEO

Gautam Kapoor | Co-Founder; COO

Vishesh Khurana | Co-Founder

HEADQUARTERS

New Delhi

SECTOR

E-Commerce Enablement

FOUNDED2012
INVESTED2015
Led the Series B funding round

Shiprocket is India’s leading eCommerce shipping platform. Our AI powered platform caters to sellers looking to ship their products across India and globally by providing an easy to use and seamless interface allowing them to reach over 26,000+ pin codes with the lowest possible cost and in the fastest possible time. The platform offers integrations to over 15 couriers and 13 channels and offers several automated workflows and data products to its 15,000+ strong seller base. Shiprocket automates several broken processes which sellers currently use for shipping, COD and fulfillment and also provides analytics and data products. Shiprocket integrates existing industry logistics resources and empowers connected partners with data products and services. Merchants and consumers alike can benefit from this enhanced logistics efficiency.

The team, due to its vendor focus and deep understanding, has the right DNA to solve a huge problem in the Indian e-Commerce space.

Pankaj Makkar

ENGAGEMENT WITH BII

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Our partnership with Shiprocket is built on a long-term view of value creation, and we look forward to continuing our association with the company as long term partners.

Pankaj Makkar
Pankaj Makkar
Managing Director, BII
Feb 10, 2026
Bertelsmann Investments Completes First Buy-out in India

LetsTransport will also work with other Bertelsmann and BII portfolio companies including Shiprocket to explore mutual collaboration opportunities. Our partnership with Shiprocket is built on a long-term view of value creation, and we look forward to continuing our association with the company post its IPO - Pankaj Makkar, MD, BII

Nov 24, 2022
BII's Long-Term Partnership with Shiprocket Began as KartRocket

BII has supported Shiprocket from its early days as KartRocket, backing the team through multiple pivots.

Jul 13, 2021
Bertelsmann India Investments Announces Follow-On Investment In Shiprocket

Bertelsmann India Investments has participated in a new financing round for Shiprocket that raised $41.3 million. Shiprocket has supported Indian companies with the logistics of their e-commerce business since 2017 and has been able to greatly expand its business during the coronavirus pandemic. Shiprocket currently processes five million shipments a month.

Jul 08, 2021
Bertelsmann India Investments leads $41.3 million funding in Shiprocket

Logistics aggregator Shiprocket, that enables shipping for direct-to-consumer (D2C) retailers, has raised $41.3 million in Series D1 funding, led by Bertelsmann India Investments.

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