Shiprocket Marks 4th Acquisition In 2022, Buys Supply Chain Management Startup Glaucus

Shiprocket Marks 4th Acquisition In 2022, Buys Supply Chain Management Startup Glaucus

SUMMARY

After acquiring B2B logistic platform Rocketbox in January 2022, Shiprocket has bought a majority stake in Glaucus Supply Chain

This is the fourth major acquisition by Shiprocket after acquiring customer data platform Wigzo Tech, B2B logistics platform Rocketbox and SaaS platform Logibricks

Shiprocket and Glaucus Supply Chain have further agreed to merge in due course

Tech-enabled logistics and fulfilment startup Shiprocket has acquired a majority stake in supply chain management startup Glaucus. “It is essential to build innovative, resilient solutions to unlock the next phase of growth for the industry at large. There is a need to remove the fulfilment complexity across B2B and B2C channels for our clients and help them focus on what they do the best,” Goel said.

This is the fourth acquisition by the logistics startup in 2022 after acquiring customer data platform Wigzo Tech, B2B logistics platform Rocketbox, and SaaS platform Logibricks.

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