• IPO fund utilization: Out of the 885.5 crore primary fundraise, Shiprocket plans to repay 210 crore of debt and invest the remainder in talent and technology to expand its emerging business segment.
• Consumption-based pricing: Serving over 200,000 of India's 6 crore retail MSMEs, the platform provides free software and monetizes solely on consumption for services like shipping, checkouts, and messaging.
• Market growth headroom: With only 8% of Indian retail currently digitized, the company aims to sustain top-line momentum beyond its recent 22% CAGR by deepening service adoption across existing and new merchants.
• Profitability and cash flow: The company is operating cash flow and cash EBITDA positive, enabling it to self-fund growth initiatives in its emerging business segment, which grew 65% year-on-year.