Shiprocket partners with Klub to unlock integrated financing solutions for over 1 million merchants

News update

India’s leading revenue-based finance platform, Klub, these days showcased its partnership with shiprefuse, the leading e-commerce enablement platform in India. Through this partnership, traders on the Shiprocket platform are entitled to access a cohort of capital goods that Klub offers which can exceed INR 30 crore for up to 24 months for manufacturers every growth level.

Shiprocket is one of India’s largest tech logistics and delivery structures that strives to democratize e-commerce resellers in the country. Since the inception of Shiprocket in 2017, it has enabled dealers to reach over 24,000 PINs across India and enabled them to deliver to their customers across the span and breadth of the country, every cash shipment being paid as well as you go delivery facilities. E-merchants can control their daily orders and operations, RTO, information prediction, NDR, optimized delivery, tracking and much more from an unmarried platform. Recently, Shiprocket became the first inter-metropolitan logistics issuer to register with the ONDC network. This allows dealers to choose shipping companions to deliver the goods across India.

rocket ship

Commenting on the partnership, Vishesh Khurana, co-founder of Shiprocket said, “Shiprocket’s commitment is to empower and support small and medium enterprises in present-day Bharat to grow their businesses and thrive without hassle. . Our collaboration with Klub will also spruce up our imagination and foresight to help SME and MSME traders and could help our current new supplier base with flexible working capital with the intention of no longer just helping them with finance and personalized economic alternatives, but can even grow their reliability and agree with the logo as a single answer to all their operational needs.

Klub’s full-stack integrated capital platform offers capital starting from Rs five lakhs up to Rs 30 crores to virtual traders. The platform has served more than 300 manufacturers through more than 700 investments allowing them to have single clicks to obtain the right to access credit, customer loyalty, grow their GMV and release additional sales from value-added capital goods.

Sudharsan Venkatakrishnan, Vice President of Klub, said, “Our commitment at Klub is to provide convenient investment for cherished Indian manufacturers. With Shiprocket and Klub working in tandem, our platform strives to pay INR 50 crore to Shiprocket traders within three months. We are excited to introduce another brand partnership that solidifies our role as the largest integrated platform for virtual traders. »

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