IPO-bound e-commerce enablement platform Shiprocket can now deliver packages to most foreign countries within four days. It expects smaller businesses to benefit from this, a top official said on Friday.
Typically, the courier delivery to countries like the USA and Canada currently takes around 5-7 days.
Speaking to FE, Akshay Ghulati, chief executive officer (CEO) of international shipping at Shiprocket said that to reduce shipping time, they are enabling businesses to store its goods at major hubs, and not at local warehouses.
“We are storing goods at major hubs so that the moment an order comes in, we can do the fulfilment and ship it out within 24 hours,” he said on the sidelines of Shiprocket Shivir 2025 in New Delhi.
“We are confident that our supply chain can deliver pretty much anywhere within four days,” he added.
Ghulati said that the e-commerce market is going through a shift with more focus now being laid on the quality of sellers.
“Marketplaces are becoming more stringent,” he said.
Last year, the company’s international business grew by around 50%. Without sharing specific details, Ghulati said that in the coming years the business is likely to contribute substantially to the company’s overall revenue.
Apart from logistics support, Shiprocket is also providing its clients with other services to help them become top-rated on big marketplaces like Amazon. On Friday, the company launched an AI model ‘Shunya.ai’ which can be used by sellers for catalogue creation, campaign generation and voice-to-order automation, among other things.
The company claims early pilots indicate time savings of 30–40% across content and listing workflows.
Shiprocket also said that the logistics space in the country will witness the emergence of more niche spaces like quick commerce in the coming months. This may include specialised delivery startups for valuables like jewellery as well as pick and drop platforms.
“Since you are creating that specialised offering, you will be able to charge a premium,” said Atul Mehta, CEO of Domestic Shipping at Shiprocket, adding that these startups will take lesser time to turn profitable.
Shiprocket has confidentially pre-filed the Draft Red Herring Prospectus (DRHP) with SEBI to raise around Rs 2,000-2,500 crore through an IPO. The funds are likely to be used towards product development, tech upgrades, acquisitions, logistics and warehouse expansion.
The company is backed by top investors like Zomato, Temasek, Info Edge Ventures, PayPal, Bertelsmann India Investments, Lightrock, and March Capital.