Shiprocket raises extended Series C round led by Tribe Capital, March Capital

BigFoot Retail Solutions, which operates the e-commerce-focused logistics technology firm Shiprocket, has raised $27 million (Rs 2 billion) in an extended Series C round of funding. The round was co-led by the returning investor, Tribe Capital, and the new backer, March Capital. The company will use the capital raised in this round to hire people for its product, data and engineering teams. It will use a part of the infusion to expand globally.

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