About Shippin
Shippin is a Transportation, Automotive & Logistics company based in Kolkata (India) founded in 2020. It provides tech-enabled last-mile delivery services for efficient logistics. It operates on a B2B model. Shippin has raised $119.5 thousand across 2 funding rounds from investors including IIMCIP, Maruthu Pandi and Saumitra Kumar Roy. The company has 4 employees. Shippin was last valued at $2.61 million in July 2025. Its Indian entity Cognikraft Services Private Limited reported revenue of ₹5.43 Cr. Its focus areas include Logistics, Delivery, Last Mile Services and Tech-Enabled Logistics. Its competitors include Oorjaa, Pikndel and VDeliver; 3 of its 3 listed competitors have raised funding.
Company details
Shippin, based in Kolkata, focuses on streamlining logistics processes, delivery, last mile services, and tech-enabled logistics. Provides tech-enabled last-mile delivery services for efficient logistics. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kolkata, India
- Employees 4
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website shippin.in
- Social LinkedIn X Facebook Instagram
- Legal Name Cognikraft Services Private Limited
- Date of Incorporation 01 Aug, 2020
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹5.43 Cr
FY 2024 · +50% YoY
- Net Profit₹11.2 Lakh
FY 2024 · 2% margin
- EBITDA₹39.9 Lakh
FY 2024 · 7% margin
- Total Equity Funding$119.5K (USD)
in 2 rounds
- Latest Funding Round$55.93K (USD), Seed
Oct 2025
- InvestorsIIMCIP
& 4 more
- Employee Count4
Associated legal entities of Shippin
Shippin operates through Cognikraft Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cognikraft Services Private Limited CIN U72900WB2020PTC238559 | Active | 01 Aug 2020 | Kolkata, West Bengal | ₹5.4 Cr | 4 | 2 | View details |
Funding Insights of Shippin
Shippin has successfully raised a total of $119.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $55.93 thousand completed in October 2025. 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 $119,500
- Total Rounds 2
- Last Round Seed — $55,927
- First Round $63,573
(Jul 2025)
- Investors Count 5
All 2 funding rounds of Shippin 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 |
|---|---|---|---|---|---|
| Oct 2025 | $55,927 | Seed | – | – | |
| Jul 2025 | $63,573 | Angel Round | $2.61M | Maruthu Pandi |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2025 | $2.61M | •••••••• |
Last known valuation $2.61M (Jul 2025). 5 investors in total: 1 institutional and 4 angel.
Investors in Shippin
Shippin has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include IIMCIP, Maruthu Pandi and Saumitra Kumar Roy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Incubation and acceleration services for startups in innovation and regional development. | iimcip.org | |||
MP Maruthu Pandi | unknown_3339219e655e47e58 | |||
SK Saumitra Kumar Roy | unknown_022e27d4c5894e7e9 | |||
MS Manmohan Singh Gujral | unknown_8fe734eb698540d79 | |||
JP Jaydeep Parmar | unknown_5b0e96ea52d34d72a |
Investor details for Shippin
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 Cognikraft Services Private Limited (Shippin)
Cognikraft Services Private Limited is the primary company behind Shippin. The board of Cognikraft Services Private Limited currently have 2 directors; the longest-serving is Annie Das, appointed in 2020. 1 earlier director has ceased.
Financials of Shippin
Figures of Cognikraft Services Private Limited, the primary company behind Shippin, for FY 2024. Revenue was ₹5.43 Cr (+50% year on year). Net profit was ₹11.2 Lakh (2% margin). EBITDA was ₹39.9 Lakh (7% margin). Revenue has grown at a compounded annual rate of +285% over three years.
- ₹5.43 CrRevenue · FY 2024 · +50% YoY
- ₹11.2 LakhNet profit · 2% margin
- ₹39.9 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 4Employees (provident fund records)
- +285%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Cognikraft Services Private Limited are on its company page.
Detailed financial statements for Shippin
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 Shippin
4 dated milestones of Shippin across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Shippin is founded.
- Funding First funding round of $64K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $56K.
Competitors of Shippin
Shippin has 3 listed competitors in our database, 3 of them funded. They include Oorjaa, Pikndel and VDeliver.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oorjaa.tech | 2021 | Mumbai, India | $3.22M | 125 | Provider of last mile delivery services | |
| pikndel.com | 2015 | Delhi, India | $1.45M | 15 | Shared dark store and delivery solutions are provided for e-commerce. | |
| vdeliver.in | 2011 | Hyderabad, India | $196,436 | 34 | Hyperlocal on-demand delivery services are facilitated via web platform. |
Detailed competitors of Shippin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Shippin (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 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 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 Shippin
Shippin was founded in 2020 and raised its 1st funding round 5 years after it was founded.
Shippin is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Shippin is a funded company, having raised a total of $119.5K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $63.57K, raised on Jul 2025.
Shippin has 4 employees.
The primary company behind Shippin, Cognikraft Services Private Limited, reported revenue of ₹5.43 Cr for FY 2024, up 50% year on year.
Shippin, based in Kolkata, focuses on streamlining logistics processes, delivery, last mile services, and tech-enabled logistics. Provides tech-enabled last-mile delivery services for efficient logistics. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Shippin has 5 investors. Key investors include IIMCIP, Maruthu Pandi, Saumitra Kumar Roy, Manmohan Singh Gujral, and Jaydeep Parmar.
The valuation of Shippin is $2.61M as of Jul 2025.
Shippin operates through Cognikraft Services Private Limited.
The legal entities of Shippin currently have 2 directors, including Annie Das, Maloy Das.