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Velocity unveils Shipfast to enable faster commerce for D2C brands

Business Standard LogoBusiness Standard9h ago

Velocity unveils Shipfast to enable faster commerce for D2C brands - Business Standard

Quick Summary:

Shipfast also incorporates a mix of internal early warnings for delivery roadblocks, along with artificial intelligence (AI) agents to ensure seamless deliveries.

Founded in 2020 by Abhiroop Medhekar, Atul Khichariya, and Saurav Swaroop, the Bengaluru-based startup has raised $30 million in equity funding led by Peter Thiel’s Valar Ventures.At $1.

This helps minimise the need for customers to escalate issues while also reducing the operational overheads for brands.“Velocity’s mission has always been to power the growth of D2C brands in India.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 06:07:32 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25165478

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 276 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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