Shiproke, a unicorn company in the Logi Stick sector, invested Temasse and Zomato, is gearing up to compete in the year 2025, although the company is ready for its listing in the stock market.
The company with Gurugram headquarters is eyeing the initial public issue (IPO) and is working on its plan, recently it has been converted into a public company.
The company’s managing director and main functioning, Sahil Goyal, said in a conversation with Business Standard, ‘We have been acquiring earlier. We have been in profit in this financial year and we will conclude this year at a profit, which means that we have the ability to use cash to increase speed.
He said, ‘If you ask me if we intensify the acquisition this year, then the answer is – yes.’ However, he did not share more information about the goals of acquisition.
He said that in the emerging scenario of digital commerce, Shiprock will acquire or develop any ability that he has a shortage.
Goyal said, ‘There are four major pillars of our acquisition strategy – fullfillment and shipping, financial services, payments and marketing businesses. As long as these four things are present, we will be interested in considering companies in different credit because it will give us capacity.
According to data from market intelligence platform Traxon, Shiprockt acquired six companies in 2022 itself, including rocketbox, picker, Vigjo Tech, Glackus Logistics, Rocket and Omuni.