Velocity to Invest Rs 100 Crore in AI-Led Shipping Platform, Targets Massive Growth

M
Moneycontrol•09-02-2026, 14:41
Velocity to Invest Rs 100 Crore in AI-Led Shipping Platform, Targets Massive Growth
- •E-commerce enablement platform Velocity earmarks Rs 100 crore to scale its logistics business, Velocity Shipping, over the next two years.
- •The investment will be funded entirely through internal cash reserves and revenues from the company's core businesses.
- •Velocity Shipping, launched in 2025, has onboarded over 900 brands and contributes nearly 40% of Velocity's overall revenues.
- •Funds will be directed towards strategic hiring, product development, and AI-led innovation across the logistics value chain.
- •Velocity Shipping partners with major 3PL providers like Delhivery, Ekart, and Amazon, serving over 19,000 pincodes across India.
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