Shiprocket acquires majority stake in Pickrr

Pickrr is a logistics platform. It provides enterprise customers with an O2O logistics solution that integrates AI and machine learning. It also provides on-site tracking of custom packaging solutions and their delivery vehicles. Shiprocket has acquired a majority stake in rival e-commerce platform Pickrr for about $200 million (approximately Rs 1.56 crore) in a cash and equity deal.

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