Indian shipping firm Shiprocket acquires Pickrr in a $200 million deal
Shiprocket, an India-based shipping and fulfilment firm has acquired Pickrr, an e-commerce software-as-a-service (SaaS) platform for D2C brands and SME e-tailers, in a deal of $200 million.
* The deal comes in cash, stock and earn-out with Avendus Capital acting as the financial advisor to Shiprocket.
* Shiprocket offers automated shipping services