EnterpriseTech

Unicommerce To Acquire Remaining 57.24% Stake In Shipway

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SUMMARY

Unicommerce will issue 60.3 Lakh shares to Shipway cofounders Vikas Garg and Gaurav Gupta as well as shareholder Puneet Gupta in lieu of 7,610 shares of shipping solutions startup

Unicommerce said that the complete acquisition of Shipway will enable it to strengthen its offerings in the ecommerce enablement space and strengthening customer relationships

Unicommerce also announced the departure of three SMPs of the company including director of operations, head of sales for India and senior director of marketing

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