How to Build a ₹1000Cr Shipping and Logistics Platform in India? Ft Shiprocket

Shiprocket, the brainchild of Bigfoot Retail Solutions Pvt. Ltd is based in New Delhi, stands as India's premier logistics software, revolutionizing shipping solutions. Founded in 2017, Shiprocket is led by Co-Founders Saahil Goel, Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, offering businesses maximum insurance coverage, reduced return costs, and extensive reach for their shipping needs. Seamlessly integrated with major eCommerce platforms like Amazon, eBay, and more, Shiprocket simplifies shipping with features like automated assignment of AWB numbers, selection of courier services, and order tracking from a unified dashboard. With negotiated rates from top carriers such as Fedex, Bluedart, and Aramex, it ensures cost-effective domestic starting at Rs. 23/500gms and international shipping from Rs. 110/50gms, covering 26,000 pin codes in India and 220 countries worldwide.


The Off Campus team visited their office and met one of the co-founders Vishesh Khurana to break down what happens behind running a e-commerce logistics platform.

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Timestamps

00:00 - Introduction
00:49 - History of Vishesh Khurana, meeting of Saahil and Gautam, India's shopify, launch of shiprocket.
01:50 - E-commcerce platform merchant, infrastructure, warehousing, manufacturing, sourcing, packaging, shipping, remarketing, return and refund.
02:52 - Business model of Shiprocket, pricing strategy, shiprocket sense, AI in the system, chatbots and automation.
03:57 - Digital marketing, team composition and office tour.
05:00 - Googling down the revenue, ship rocket core business and revenue breakdown.
05:49 - Expenses breakdown, the profit margin and the key stakeholders.
06:31 - Influncer marketing meets Shiproket amplifier, perks of paypal as an investors, Shiprocket X and international market, challenges and loophools.
08:00 - Shiprocket Checkout as the new vertical.
08:51 - Seperate tech, upcoming avenues in the e-ecommerce brand, D2C growh and financial services
10:00 - Journey of a new entrepreneur, vision of ship rocket in 10 years and innovation as the new age agenda.