Unicommerce Completes 100% Acquisition of Shipway to Strengthen E-commerce Enablement
Unicommerce eSolutions Limited has officially completed the 100% acquisition of Shipway Technology Private Limited, a leading courier aggregation and shipping automation platform. This follows its initial 42.76% stake purchase in December 2024 for ₹68.4 crore.
Acquisition Details:
🔹 Unicommerce acquired the remaining 57.24% stake in Shipway through an equity share swap, issuing 60,33,189 shares at a 1:8.9 swap ratio.
🔹 Shipway now becomes a wholly owned subsidiary of Unicommerce eSolutions Limited.
🔹 The acquisition was approved by Unicommerce’s Board on March 20, 2025, pending shareholder approval.
Strategic Impact:
✅ Market Expansion – Shipway adds a strong logistics tech backbone, complementing Unicommerce’s suite of e-commerce solutions.
✅ Seamless Integration – The accelerated acquisition facilitates quick integration and enables Unicommerce to offer an end-to-end e-commerce enablement ecosystem.
✅ Client Synergies – With a 95% non-overlapping client base, the deal unlocks immediate cross-selling opportunities for 7,000+ businesses and 10,000+ brands.
Shipway’s Capabilities:
🚀 35Mn+ annual transactions across courier aggregation and shipping automation.
📦 Coverage of 29,000+ pin codes in India with 15+ courier partners at pre-negotiated rates.
💡 AI-powered logistics automation for optimized shipping, reduced RTO losses, and lower customer service costs.
With this acquisition, Unicommerce cements its position as a one-stop e-commerce enablement leader, offering integrated solutions across inventory, order management, logistics, and AI-driven marketing automation.
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