HomeStartupsZomato-backed Shiprocket posts 21% increase in FY24 operating revenue

Zomato-backed Shiprocket posts 21% increase in FY24 operating revenue

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Shiprocket was operationally profitable on a cash basis in the first two quarters of the ongoing financial year, Goel said, adding that he expects full profitability by the end of FY25. “Our focus continues to be on the core business while generating more profits…the emerging businesses are growing fast and we’re doubling down on segments such as cross-border shipping and checkout,” Goel said.

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