Zomato-backed Shiprocket becomes India's 21st unicorn of 2022

Zomato-backed logistics startup Shiprocket has raised ₹259 crore in an extended Series E round at a post-money valuation of ₹9,815 crore (around $1.2 billion), according to company filings with the Ministry of Corporate Affairs (MCA). With this, it has become the country's 21st unicorn of 2022. Shiprocket was established in 2017.