Early-stage venture-capital firm Info Edge Ventures has invested $2.5 million in cross-border logistics company ShipGlobal. With the funding raised, the logistics company hopes to open warehouses in select destination nations, including the US, and boost businesses to Australia and West Asia.
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ShipGlobal provides support to Indian small and medium-sized retailers, with a particular emphasis on E-Commerce-Sites like Amazon, Ebay, and Etsy. Currently, the company ships supplies to the US, Canada, and the EU and works with 15,000 Indian sellers.
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Along with expanding its seller base outside of metro areas and Tier 1 cities, the funding are also to be utilized to enhance the company’s technology.Â
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About ShipGlobal
ShipGlobal Simplify global shipping with comprehensive cross-border shipping dashboard and broaden your presence worldwide. ShipGlobal’s Shipping Dashboard is designed to ensure your shipments comply with the regulations of each destination country, including the USA and Europe.
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It’s Shipping Dashboard provides real-time quotes, empowering you to make informed decisions and plan your budget confidently, whether you’re shipping to the USA, Europe, or beyond.
