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Shiprocket and Dependo Establish Strategic Alliance for Inter-City Logistics

After the partnership Shiprocket will use Dependo's courier network, which offers widespread coverage in major cities, ensuring smooth connectivity for merchants

Shiprocket and Dependo Establish Strategic Alliance for Inter-City Logistics

Outlook Start-Up Desk

POSTED ON January 11, 2024 11:30 AM

Shiprocket has joined hands with Dependo, a growing logistics service provider, in a strategic partnership to enable Indian merchants with intercity same- or next-day delivery.   

After the partnership Shiprocket will use Dependo's courier network, which offers widespread coverage in major cities, ensuring smooth connectivity for merchants. For SDD-NDD, the courier partner's presence is in all major metropolitan areas, such as Mumbai, Delhi NCR, Bangalore, Hyderabad, Kolkata, Jaipur, Chennai, and Pune, the company added in its statement.  

Speaking about the partnership, Saahil Goel, co-founder and CEO of Shiprocket, said, "We look forward to the strategic collaboration with Dependo, which holds significant promise for the eCommerce landscape in India. Through this partnership, Shiprocket and Dependo are committed to enhancing intercity same- or next-day delivery, presenting a transformative solution for merchants and customers. This collaboration is in line with our dedication to advancing the eCommerce sector and delivering exceptional services to Indian businesses."  

Sellers can now avail of next-day delivery from Delhi to Agra, Ambala, Chandigarh, Jaipur, Kanpur, Lucknow, Meerut, Ludhiana, and Dehradun. Additionally, Bangalore sellers can reach Hyderabad and Chennai within the next day, while Mumbai sellers can seamlessly connect with Pune.  

“Collaborating with Shiprocket's expansive network, coupled with our logistics expertise, is set to redefine intercity same- or next-day delivery. This partnership signifies a powerful fusion of strengths, and we anticipate it will bring unparalleled efficiency and convenience to the eCommerce ecosystem,” said Manmohan Aggarwal, CEO of Dependo. 

Shiprocket is supporting more than 300,000 sellers who generate a GMV of more than $3 billion annually. The platform claimed that it delivers packets to more than 70 million consumers annually and is growing transactions 2.5–3x year on year.

In August 2022, the company achieved Unicorn status in India by securing $33.5 million in a bridge funding round (Series E2) led by Temasek and Lightrock India, making it the 106th Unicorn in the country. 

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