Shiprocket, an e-commerce logistics firm backed by Temasek, experienced a strong market debut on Wednesday, rising 35.1 percent in its first day of trading. This significant jump follows a successful initial public offering (IPO) last week, which raised US$170 million. The robust investor response signals confidence in the company’s growth potential within the rapidly expanding Indian e-commerce sector. Shiprocket provides crucial logistics services, supporting online businesses with shipping and delivery solutions. The IPO’s success and subsequent market performance demonstrate a positive sentiment towards the company’s business model. This debut is likely to encourage further investment in India’s logistics and e-commerce infrastructure.