Unicommerce eSolutions acquires Shipway to become e-commerce one-stop shop

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Gurgaon-based Unicommerce eSolutions, e-commerce enablement SaaS platform is set to acquire the remaining 57.24% stake in courier aggregation platform Shipway. With this acquisition, Shipway will become a wholly owned subsidiary of Unicommerce eSolutions.

Kapil Makhija, CEO of Unicommerce eSolutions said, Unicommerce’s primary rationale for the acquisition is to create a comprehensive, end-to-end solution for e-commerce brands and sellers.

Unicommerce is acquiring Shipway through a share swap (issuing equity shares) rather than a cash transaction. The…



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Unicommerce eSolutions acquires Shipway to become e-commerce one-stop shop


Gurgaon-based Unicommerce eSolutions, e-commerce enablement SaaS platform is set to acquire the remaining 57.24% stake in courier aggregation platform Shipway. With this acquisition, Shipway will become a wholly owned subsidiary of Unicommerce eSolutions.

Kapil Makhija, CEO of Unicommerce eSolutions said, Unicommerce’s primary rationale for the acquisition is to create a comprehensive, end-to-end solution for e-commerce brands and sellers.

Unicommerce is acquiring Shipway through a share swap (issuing equity shares) rather than a cash transaction. The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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