Thirdware Solution Ltd.

About the Company:

India's #1 Customer Experience Platform For Direct Commerce Empowering over 2.5 Lakh eCommerce Sellers.

Shiprocket is India's leading e-commerce enablement platform, revolutionizing the way businesses handle logistics and fulfillment. Founded in 2012, the company has evolved into a comprehensive technology-driven platform that empowers over 250,000 sellers who generate more than $2.5B in annual GMV. Shiprocket provides end-to-end solutions including shipping, fulfillment, and technology integration services, making it easier for businesses of all sizes to manage their e-commerce operations efficiently.

About the Founders:

Shiprocket was co-founded by Saahil Goel and Gautam Kapoor. Saahil Goel, serving as the CEO, brings extensive expertise with his MBA and MS degrees from the University of Pittsburgh. Under their leadership, the company has transformed from a small business with big dreams into a unicorn, driven by their vision to democratize e-commerce for entrepreneurs across India.

About Funding:

Shiprocket's funding journey reflects its remarkable growth story. The company has raised over $357 million across 14 funding rounds 4. A significant milestone was achieved in August 2022 when it attained unicorn status with a valuation of $1.3 billion. The company continues to attract investor confidence, with its most recent funding round of $26 million in December 2024, demonstrating strong market faith in its business model and growth potential.

About Milestones/Achievements:

Shiprocket has achieved several remarkable milestones in its journey:

• Reached unicorn status in 2022 with a $1.3 billion valuation 5
• Demonstrated strong financial growth with a 21% increase in operating revenue for FY24, reaching ₹1,316 crore 6
• Successfully expanded its service portfolio to include Shiprocket Fulfillment, Shiprocket Capital, and Shiprocket Engage 360
• Built a network serving 250,000+ active sellers across India 1
• Achieved operational profitability in the first two quarters of FY25 7
• Established itself as a comprehensive e-commerce enablement platform with multiple product offerings and technology integrations

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Are you ready to be at the forefront of the AI revolution? Moative is your gateway to reshaping industries through cutting-edge Applied AI Services and innovative Venture Labs.

Moative is an AI company that focuses on automating tasks, compressing workflows, predicting demand, pricing intelligently, and delighting customers. They design AI roadmaps, build co-pilots, and create predictive AI solutions for companies in energy, utilities, packaging, commerce, and other primary industries.

🚀 What We Do

At Moative, we're not just using AI – we're redefining its potential. Our mission is to empower businesses in energy, utilities, packaging, commerce, and other primary industries with AI solutions that drive unprecedented productivity and growth.

🔬 Our Expertise:

• Design tailored AI roadmaps
• Build intelligent co-pilots for specialists
• Develop predictive AI solutions
• Launch AI micro-products through Moative Labs

💡 Why Moative?

1. Innovation at Core: We're constantly pushing the boundaries of AI technology.
2. Industry Impact: Our solutions directly influence the cost of goods sold, helping clients surpass industry profit margins.
3. Customized Approach: We fine-tune fundamental AI models to create unique, intelligent systems for each client.
4. Continuous Learning: Our systems evolve and improve, ensuring long-term value.

🧑‍🦰Founding Team

Shrikanth and Ashwin, IIT-Madras alumni have been riding technology waves since the dotcom era. Our latest venture, PipeCandy (Data & Predictions on 12 million eCommerce sellers) was acquired in 2021. We have built analytical models for industrial giants, advised enterprise AI platforms on competitive positioning, and built 70 member AI team for our portfolio companies since 2023.