The company says that all these facilities are equipped with a clear centre height of nearly 42 to 45 feet, G+3 Racking & Stacking, and a Mezzanine Floor. Shiprocket offers tech-enabled warehousing solutions for retail and e-commerce brands with over 42 pan-India warehouses.
Gautam Kapoor, Co-Founder of Shiprocket, said in a statement, “We are thrilled to announce the launch of these Grade ‘A’ state-of-the-art warehouse facilities in Mumbai, Bangalore, and Gurgaon. At Shiprocket, we have always been committed to providing our merchants with the tools and resources they need to thrive in the dynamic eCommerce landscape. By strategically expanding our footprint, we aim to offer our merchants economical tech-enabled solutions and the ability to reach their customers faster. This expansion aligns with our mission to empower businesses and create a seamless ecosystem that drives growth and success for our partners.”
The company says that these facilities are capable of bearing up to 1500 kg/sqft, providing handling of inventory, with features like VDF flooring, climate-controlled roofing, a cold room for Health and Beauty Products, and direct connectivity to the National Highway for seamless transportation logistics. Shiprocket aims to expand its country-wide footprint to approximately 3 million sq ft by the end of the current financial year from the current 2 million sq ft.
Each warehouse is situated to offer the Same Day (SDD) and Next Day Delivery (NDD) options. The warehouses are designed to accommodate both B2C and B2B operations.Meanwhile, Shiprocket recently approved a Rs 259 crore ($32 million) fundraising round from existing investors Singapore’s Temasek and Lightrock India. This takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club in 2023.
