About Shiplyst
Shiplyst is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Sharad Kumar, Mehul Doshi, and Manish Singh. Ocean freight rates are compared and bookings are facilitated online. Shiplyst has raised $247 thousand across 2 funding rounds from investors including 500 Global, Sanjay Agarwal and Reshma Kaul. The company has 20 employees. Shiplyst was last valued at $1.55 million in January 2018. Its chief executive, as recorded, is Manish Singh. Its Indian entity Shiplyst Systems Private Limited reported revenue of ₹19.7 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Maritime.
Company details
Shiplyst was established in 2016 in Mumbai, India, within the marine transportation sector. An online marketplace is provided for instant comparison of ocean freight rates from various shipping lines. Freight services are booked in real time, with digital submission and receipt of shipment documents supported. Real-time cargo tracking is also enabled for users across global operations.
- Headquarters Mumbai, India
- Employees 20
- Founders Sharad Kumar, Mehul Doshi, Manish Singh
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website shiplyst.com
- Social LinkedIn X Facebook
- Legal Name Shiplyst Systems Private Limited
- Date of Incorporation 10 Aug, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹19.7 Lakh
FY 2022 · -99% YoY
- Net Loss-₹93,902
FY 2022 · -5% margin
- EBITDA₹4.7 Lakh
FY 2022 · 24% margin
- Total Equity Funding$247K (USD)
in 2 rounds
- Latest Funding Round$150K (USD), Seed
Feb 2020
- Investors500 Global
& 4 more
- Employee Count20
Associated legal entities of Shiplyst
Shiplyst operates through Shiplyst Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shiplyst Systems Private Limited CIN U74999MH2017PTC298493 | Active | 10 Aug 2017 | Mumbai, Maharashtra | ₹0.2 Cr | 20 | 3 | View details |
Funding Insights of Shiplyst
Shiplyst has successfully raised a total of $247K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in February 2020. 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.
- Total Funding $246,996
- Total Rounds 2
- Last Round Seed — $150,000
- First Round $96,996
(Jan 2018)
- Investors Count 5
All 2 funding rounds of Shiplyst with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $150,000 | Seed | – | 500 Global | – |
| Jan 2018 | $96,996 | Angel Round | $1.55M | Sanjay Agarwal |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $1.55M | •••••••• |
Last known valuation $1.55M (Jan 2018). 5 investors in total: 1 institutional and 4 angel.
Investors in Shiplyst
Shiplyst has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include 500 Global, Sanjay Agarwal and Reshma Kaul.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
SA Sanjay Agarwal | unknown_de788ff45b8e4d849 | |||
RK Reshma Kaul | unknown_77d879a7640a4784a | |||
PS Prajakta Singh | unknown_5c84ccc1bdb448529 | |||
RT Rekha Tiwary | unknown_65daa51b30134af4b |
Investor details for Shiplyst
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shiplyst Systems Private Limited (Shiplyst)
Shiplyst Systems Private Limited is the primary company behind Shiplyst. The board of Shiplyst Systems Private Limited currently have 3 directors; the longest-serving is Manish Dinesh Singh, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Dinesh Singh DIN 02244692 | Director | 10 Aug 2017 | 9 yrs 2 mo | Shiplyst Systems Private Limited |
| Mehul Narendra Doshi DIN 02244631 | Director | 10 Aug 2017 | 9 yrs 2 mo | Shiplyst Systems Private Limited |
| Sharad Kumar DIN 03240166 | Director | 06 Mar 2019 | 7 yrs 7 mo | Shiplyst Systems Private Limited |
People of Shiplyst
6 people are tracked at Shiplyst (4 in leadership, 2 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CMO | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Rahul Gupta | VP, Sales & Operations | Leadership |
Ravi Jadhav | Key Account Manager | Team |
Krunal Soni | Key Account Manager | Team |
Complete people profiles for Shiplyst
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Shiplyst
Figures of Shiplyst Systems Private Limited, the primary company behind Shiplyst, for FY 2022. Revenue was ₹19.7 Lakh (-99% year on year). Net loss was -₹93,902 (-5% margin). EBITDA was ₹4.7 Lakh (24% margin). Revenue has grown at a compounded annual rate of -65% over three years.
- ₹19.7 LakhRevenue · FY 2022 · -99% YoY
- -₹93,902Net loss · -5% margin
- ₹4.7 LakhEBITDA · 24% margin
- ₹1.6 LakhPaid-up capital
- 20Employees (provident fund records)
- -65%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Shiplyst Systems Private Limited are on its company page.
Detailed financial statements for Shiplyst
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Shiplyst
4 dated milestones of Shiplyst across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Shiplyst is founded.
- Funding First funding round of $97K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $150K.
Web traffic of Shiplyst
The website of Shiplyst (shiplyst.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 20.3% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Shiplyst (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Frequently Asked Questions about Shiplyst
Shiplyst was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Shiplyst is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Manish Singh is the CEO of Shiplyst, as recorded in our data. They have also founded this company.
Shiplyst is a funded company, having raised a total of $247K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $97K, raised on Jan 2018.
Shiplyst has 20 employees.
The primary company behind Shiplyst, Shiplyst Systems Private Limited, reported revenue of ₹19.7 Lakh for FY 2022, down 99% year on year.
Shiplyst was established in 2016 in Mumbai, India, within the marine transportation sector. An online marketplace is provided for instant comparison of ocean freight rates from various shipping lines. Freight services are booked in real time, with digital submission and receipt of shipment documents supported. Real-time cargo tracking is also enabled for users across global operations.
Shiplyst has 5 investors. Key investors include 500 Global, Sanjay Agarwal, Reshma Kaul, Prajakta Singh, and Rekha Tiwary.
The valuation of Shiplyst is $1.55M as of Jan 2018.
Shiplyst operates through Shiplyst Systems Private Limited.
The legal entities of Shiplyst currently have 3 directors, including Manish Dinesh Singh, Sharad Kumar, Mehul Narendra Doshi.