Shiprocket invests $1.5 million in SaaS-based start-up Logibricks

It plans to launch an upgraded platform by April and a part of the freshly raised capital will be used for this purpose, the Pune-based start-up said in a release on Friday. Logibricks is working on multiple solutions that it plans to implement in the near future, and the latest funding will act as a launchpad for the same, Shiprocket said in the release. Kabra further added that "Logibricks is committed to solving the issue of retailers having to seek multiple platforms to run their business. Through our full stack solution, we integrate with other ecosystem partners to ensure a hassle-free experience for retailers and their end customers." Logibricks helps direct-to-consumer (D2C) players and retailers manage their online business, offline stores as well as business-to-business (B2B) sales channel under a single roof.