Shiprocket

Shiprocket is India’s largest e-commerce enablement platform, streamlining shipping fulfillment for a multitude of online businesses. Easily manage and ship multiple orders with automated processing and label generation.Monitor shipment progress for all orders across different couriers in one place.

Market Presence:

  • Over 25,000+ active sellers trust Shiprocket for their shipping needs.
  • Extensive reach across 24,000+ pin codes in India and 220+ countries globally.
  • Recognized for innovation and customer service, winning awards like “Best Shipping Platform” and “Startup of the Year.

Last Three Years Balance Sheet:

  • FY20: The company’s revenue details for this fiscal year were not available in the sources I found.
  • FY21: Shiprocket’s operating revenue grew significantly to Rs 358.01 crore, a 122% increase from the preceding fiscal year. They posted a profit of Rs 12.47 crore during this fiscal year.
  • FY22: The company’s revenue continued to grow, reaching approximately Rs 611 crore, which was around a 71% increase from FY21. However, Shiprocket slipped into losses, posting a loss of Rs 93 crore in FY22

Shiprocket Founders

1. Saahil Goel

The CEO and driving force behind Shiprocket’s vision and strategy. A data-driven leader with extensive experience in e-commerce logistics and technology, Saahil’s vision of simplifying shipping for online businesses has fueled the company’s growth.

Socials

  • LinkedIn
  • Twitter @saahilbigfoot

2. Gautam Kapoor

He is responsible for Shiprocket Fulfillment, a dedicated arm offering warehousing and fulfillment solutions for e-commerce businesses. Gautam’s expertise in supply chain management ensures seamless execution of order fulfillment processes.

Socials

  • LinkedIn

3. Vishesh Khurana

The co-founder who played a crucial role in Shiprocket’s early days, laying the foundation for its technological infrastructure and building strong relationships with courier partners. While Vishesh has transitioned to other ventures, his contributions remain integral to Shiprocket’s success.

Socials

  • LinkedIn
  • Twitter @Vysheshk

Top 10 Profitable Startups of India [Updated 2024]

India has achieved new heights past year and is continuing to gain heights at present as well. These new ideas are becoming successful because of technology, and artificial intelligence, and this country’s audience adopting these technologies fast. If we look at the previous stats of our country’s startup, It has made nearly 111 unicorns. From actors and actresses to youngsters, everyone in the country has innovative ideas and they have made their ideas turn into reality with the help of little funding made by investors and small marketing strategies.

Talent and startup ideas are at every corner of the country. That’s why the Indian government has also taken the “Startup India Initiative”. This initiative is helping young minds showcase their talents by taking part through colleges or single person only.

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List of Top 10 Profitable Startups of India

Here is the list of Top 10 Profitable Startups of India . Let us talk about each one of them in detail:...

10. BillDesk

BillDesk, previously known as IndiaIdeas.com Limited, is a leading Indian online payment gateway company based in Mumbai. BillDesk provides an online payment platform for clients, enabling transactions between banks and merchant websites. They support over 150+ payment methods, including cards, net-banking, UPI, wallets, and Buy Now Pay Later, for accepting payments on websites or apps. They enable businesses to set up recurring payments using cards, eNACH, or UPI AutoPay....

9. Mamaearth

Mamaearth is a popular Indian brand known for its natural and toxin-free beauty and personal care products.To “make the world a healthier and happier place” by providing safe, effective, and affordable natural products for the whole family, especially babies and moms. Covers various categories like skincare, haircare, body care, makeup, baby care, and even household products....

8. Gupshup

Gupshup is a leading Conversational Messaging Platform (CMP) enabling businesses to connect with customers through chatbots, voice assistants, and other messaging channels.To make every conversation matter. Gupshup aims to empower businesses to deliver richer, more personalized experiences across various touchpoints through conversational messaging....

7. Infra.Market

Infra.Market is a leading con-tech (construction technology) company in India, aiming to revolutionize the traditionally fragmented and inefficient construction industry.To rebuild the future of construction by leveraging technology and innovation to bring transparency, efficiency, and affordability to the entire building process.Offering high-quality, cost-effective building materials under their own brands like Buildmate and Structura....

6. Shiprocket

Shiprocket is India’s largest e-commerce enablement platform, streamlining shipping fulfillment for a multitude of online businesses. Easily manage and ship multiple orders with automated processing and label generation.Monitor shipment progress for all orders across different couriers in one place....

5. EaseMyTrip

To bring the world closer” by simplifying travel booking and experiences.2008 by Nishant Pitti, Prashant Pitti, and Rikant Pitti, a passionate trio of brothers. Online and offline booking platforms for air tickets, hotels, holidays, train tickets, buses, cabs, and activities.Extensive reach across India, catering to both leisure and business travelers....

4. Nykaa

Nykaa is an Indian beauty and fashion retailer founded in 2012 by Falguni Nayar. It is India’s largest beauty retailer, with over 1,000 stores across the country. Nykaa also has an online presence, with a website and mobile app that offer a wide range of beauty products, including cosmetics, skincare, haircare, and fragrances....

3. Dream11

“To simplify sports for fans” by offering engaging fantasy sports platforms for different sports. Founded in 2008 by Harsh Jain and Bhavit Sheth, it has become India’s largest fantasy sports platform.Covers Cricket, Football, Kabaddi, Basketball , Hockey , Handball, Volleyball, Rugby, Futsal, American football and baseball....

2. Zoho

Zoho is a leading global technology company offering a vast array of software solutions for businesses of all sizes. Founded in 1996 by Sridhar Vembu and Manikandan Lakshmanan, Zoho has steadily grown into a powerhouse with over 50 million users in over 160 countries....

1. Zerodha

Zerodha is a leading online stock broker in India, known for its low brokerage fees and user-friendly platform .Founded in 2010 and headquartered in Bangalore, India, with over 12 million customer accounts. A prominent Indian FinTech company offering discount brokerage for equity, derivatives, and mutual funds. Invest in stocks and ETFs through a flat brokerage fee of INR 20 per order, regardless of order size....

Conclusion

In the above blog, we have seen about the 10 best different categories of startup companies which have gained immense success, whether it is in fashion or medical or teaching students to build their future with TeachNook, or playing sports in a fantasy world of our choice with Dream 11. All these companies have seen many hardships when they had started their businesses and now they are unicorns of their field and playing an important role in our country’s GDP....

Top 10 Startups of India – FAQs

1. What is the “Startup India Initiative” by the Indian government?:...

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