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Unicommerce to acquire ecommerce technology platform Shipway

  • Ecommerce enablement SaaS platform Unicommerce is acquiring Shipway, an ecommerce technology firm.
  • Unicommerce plans to acquire a 42.76% stake in Shipway for Rs 68.4 crore and secure the remaining stake within a year.
  • With this acquisition, Unicommerce will expand its product portfolio to include courier aggregation, shipping automation, and returns reduction.
  • The acquisition will enable Unicommerce to offer an integrated marketing platform with AI-driven tools and expand its services to Shipway's clients.

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