Velocity unveils Rs 100-cr spend to scale AI-led shipping platform

Bengaluru: E-commerce enablement platform Velocity on Monday announced a Rs 100-crore investment to scale Velocity Shipping (formerly Shipfast). The investment will be deployed over the next two years and will be funded entirely through internal cash reserves and revenues from Velocity’s core businesses, it said.

The investment will be directed toward strategic hiring, product development, and AI-led innovation across the logistics value-chain. Velocity plans to double its shipping team and has already made senior hires from NimbusPost, Pickrr, Delhivery and Shiprocket as it strengthens its shipping and last-mile capabilities. The company is also targeting a 5x increase in monthly shipping volumes in CY26.

Since launch in 2025, Velocity Shipping has seen strong adoption, with over 900 brands onboarded so far and the platform is currently witnessing 70% month-on-month growth in order volumes and now contributes nearly 40% of Velocity’s overall revenues. 

“We started Velocity by solving one of the biggest bottlenecks for digital-first brands: access to capital. As we worked closely with thousands of founders, it became clear that logistics and fulfilment were equally critical constraints to growth, but existing solutions needed to evolve to better support digital-first brands,” said Velocity Co-Founder and CEO Abhiroop Medhekar.

The platform works with multiple third-party logistics partners, including Delhivery, Ekart, Amazon, Blue Dart, Blitz, Pikndel and XpressBees, allowing brands to access the courier networks across regions through a single interface and serves over 19,000 pincodes pan-India.