Shiprocket looks to plug Valmo into its platform
By
Binu Mathew
E-commerce enablement aggregator Shiprocket, which is grappling with widening losses, is in talks to integrate Meesho’s in-house logistics arm Valmo onto its platform.
This will help the core shipping business which accounts for 70-80% of revenues, but faces margin pressures and increased competition. Saahil Goel, CEO and co-founder of Shiprocket confirms the company is trying to see if Valmo can be plugged into its platform as a supply partner. “Our approach is to bring any and every kind of model onto our platform,” he said.