Velocity Expands AI Logistics With Rs 100 Crore
Velocity will invest Rs 100 crore to expand Velocity Shipping, boosting AI-led logistics, hiring, and capacity as it targets 5x shipment growth by CY26.
Velocity will invest Rs 100 crore to expand Velocity Shipping, boosting AI-led logistics, hiring, and capacity as it targets 5x shipment growth by CY26.
The company will utilise the fresh capital to fuel expansion into new markets, strengthen its digital and offline presence
Shiprocket, and ecommerce enablement platform introduced seamless revenue-based financing for SMBs with Shiprocket Capital. The platform aims to disburse around Rs100 crore to SMBs, in the next 12 months. Shiprocket Capital promises to transform the financing landscape for emerging eCommerce businesses by enabling financing that is easy, quick, collateral-free and liability-free. In its pilot phase, […]