About Hipship
Hipship is a company based in Bengaluru (India) founded in 2013 by Ravikant Sethia, Pawan Kumar Sethia, and Ankit Sethia. Hipship has raised $120.96 thousand across 3 funding rounds from investors including Sandhya Krishnan, FasterCapital and Inara Ventures. Hipship operates in a competitive market with competitors including Borzo, FastBeetle, BookMyPacket, Sendd and Coreyo, among others.
- Headquarter Bengaluru, India
- Founders Ravikant Sethia, Pawan Kumar Sethia, Ankit Sethia
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Hipship Online Service Private Limited
- Date of Incorporation 30 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$406.75 K (USD)182.28as on Mar 31, 2023
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Net Profit
$15.42 K (USD)-20.39as on Mar 31, 2023
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EBITDA
$16.58 K (USD)-25.45as on Mar 31, 2023
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Total Equity Funding
$120.96 K (USD)
in 3 rounds
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Latest Funding Round
$13.57 K (USD), Angel Round
Aug 09, 2019
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Investors
FasterCapital
& 2 more
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Employee Count
Not available
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Funding Insights of Hipship
Hipship has successfully raised a total of $120.96K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $13.57 thousand completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hipship
Hipship has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Sandhya Krishnan, FasterCapital and Inara Ventures.
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Venture building, startup incubation, and funding services are provided by FasterCapital.
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Tech focused VC firm investing in seed stage startups in the US
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Sandhya Krishnan |
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Investor details for Hipship
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Hipship
Investment portfolio details for Hipship
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Financial Statements - Hipship
Detailed financials for Hipship
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Hipship Comparisons
Peer comparison for Hipship
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Competitors of Hipship
Hipship operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Borzo, FastBeetle, BookMyPacket, Sendd and Coreyo, among others.
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Intra-city courier services are booked via an online marketplace platform.
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Door-to-door parcel and courier delivery services are provided.
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Online booking platform for parcel and cargo delivery services
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International goods shipping is enabled via a mobile-first marketplace.
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Courier services are facilitated via an app-based marketplace platform.
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Detailed competitors of Hipship
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Hipship
Complete news archive for Hipship
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Frequently Asked Questions about Hipship
Hipship was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Hipship is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hipship is a funded company, having raised a total of $120.96K across 3 funding rounds to date.
Annual revenue of Hipship is $406.75K as on Mar 31, 2023.
Provider of multi-carrier delivery orchestration platform. This platform streamlines logistics by integrating with multiple courier partners, offering a single point of access for booking, tracking, and managing shipments. It provides real-time updates, automated scheduling, and tools for efficient allocation of shipments to optimal carriers based on factors like cost and performance. The platform also includes features for proactive customer communication to reduce failed deliveries and returns. Integration with existing ERP systems is supported, unifying vendor management. Shipping label printing and comprehensive tracking across all carriers are also key functionalities.
Hipship's top competitors include Borzo, FastBeetle and Coreyo.
Hipship has 3 investors. Key investors include Sandhya Krishnan, FasterCapital, and Inara Ventures.