Shiprocket Co-Founder and CEO Saahil Goel sees the upcoming IPO is a key milestone reflecting internal discipline, scale and governance, and believes it will set the logistics tech company on a new growth trajectory with India’s direct-to-consumer, online and quick commerce space poised to boom.
Shiprocket, backed by marquee investors like Temasek, Zomato and Paypal, had submitted its draft red herring prospectus (DRHP) with Sebi via the confidential route earlier this year, an increasingly popular option among Indian startups as it allows vital financial and strategic information to remain undisclosed during the initial review while the firm obtains necessary feedback from the regulators.
Goel told PTI in an interview said the IPO will be an important milestone as it “institutionalises” the company that has evolved from being a shipping partner to an end-to-end e-commerce enablement platform for Indian merchants.
According to Goel, it brings discipline, and aligns stakeholders for
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Upcoming IPO a key milestone, says Shiprocket CEO amid online, qcom boom
