About Shipsy
Shipsy is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2015 by Himanshu Gupta, Sahil Arora, Dhruv Agrawal, and Soham Chokshi. AI-powered logistics and supply chain solutions are delivered for businesses. Shipsy has raised $32.89 million across 6 funding rounds from investors including Info Edge, DTDC and Z3Partners. The company has 219 employees. Shipsy has completed 1 acquisition, including Stockone. Shipsy was last valued at $122.32 million in February 2022. Its chief executive, as recorded, is Soham Chokshi. Its website shipsy.io draws about 301 thousand monthly visits. Its Indian entity Llama Logisol Private Limited reported revenue of ₹50.22 Cr. Shipsy offers products and services including Transportation Management System, Warehouse Management System, Route Optimization and Planning, Shipment Tracking, and Freight Procurement. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal. Its competitors include Freight Tiger and AVG Logistics; 2 of its 2 listed competitors have raised funding.
Company details
Shipsy was established in 2015 in Gurugram, India, within the logistics and supply chain sector. End-to-end operations are optimized through a platform that automates tracking, routing, and scheduling. Shipment monitoring in real-time is enabled, along with connections to freight forwarders and customs agents. Services include customer database management, billing, and invoicing, supporting businesses in simplifying cargo and container oversight.
- Headquarters Gurugram, India
- Employees 219
- Founders Himanshu Gupta, Sahil Arora, Dhruv Agrawal, Soham Chokshi
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website shipsy.io
- Social LinkedIn X Facebook YouTube
- Legal Name Llama Logisol Private Limited
- Date of Incorporation 12 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹50.22 Cr
FY 2023 · +74% YoY
- Net Loss-₹39.55 Cr
FY 2023 · -74% margin
- EBITDA-₹57.89 Cr
FY 2023 · -108% margin
- Total Equity Funding$32.89M (USD)
in 6 rounds
- Latest Funding Round$25M (USD), Series B
Feb 2022
- InvestorsInfo Edge
& 21 more
- Employee Count219
- Investments & Acquisitions
Associated legal entities of Shipsy
Shipsy operates through Llama Logisol Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Llama Logisol Private Limited CIN U74999MH2015PTC265472 | Active | 12 Jun 2015 | Mumbai, Maharashtra | ₹50.2 Cr | 219 | 5 | View details |
Products & Services of Shipsy
Shipsy offers a comprehensive portfolio of products and services, including Transportation Management System, Warehouse Management System, Route Optimization and Planning, Shipment Tracking, and Freight Procurement.
Platform to plan, procure, and track shipments across supply chains.
SaaS tool for perfect order execution and high-volume operations.
System to increase vehicle utilization and ensure timely deliveries.
Provides end-to-end tracking and proactive alerts for shipments.
Dashboard to compare and select freight quotes efficiently.
Apps and channels of Shipsy
its YouTube channel Shipsy has 651 subscribers and 30 videos.
Videos from Shipsy
The most watched videos on Shipsy's YouTube channel, Shipsy (651 subscribers). Click a video to play it here.
More on Shipsy.
Funding Insights of Shipsy
Shipsy has successfully raised a total of $32.89M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2022. 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 $32.89M
- Total Rounds 6
- Last Round Series B — $25M
- First Round $195,686
(Sep 2015)
- Investors Count 22
All 6 funding rounds of Shipsy 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 2022 | $25M | Series B | $122.32M | A91 Partners, Z3Partners | |
| Nov 2020 | $6M | Series A | – | Surge Ventures | |
| Nov 2019 | $695,190 | Seed | $5.99M | Info Edge Ventures, Info Edge | – |
| Jul 2018 | $58,424 | Grant | – | – | |
| Apr 2016 | $1M | Seed | – | DTDC | – |
| Sep 2015 | $195,686 | Seed | $••••• | Dheeraj Jain, Dheeraj Jain |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $122.32M | •••••••• |
| Nov 2019 | $5.99M | •••••••• |
| Sep 2015 | $••••• | •••••••• |
Full valuation and stage history of Shipsy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $122.32M (Feb 2022). 22 investors in total: 11 institutional and 11 angel.
Investors in Shipsy
Shipsy has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, DTDC and Z3Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment partnerships and support for founders in software, financial services, and consumer sectors. | 2018 | a91partners.com | Mumbai, India | |
Tech and digital investing services in India. | 2019 | z3partners.com | Mumbai, India | |
Acceleration is provided to startups across multiple sectors by Surge. | surgeahead.com | |||
Venture capital firm backed by Info Edge and Temasek | infoedgeventures.in | Noida, India | ||
Venture capital firm focused on early and seed-stage startups | udaanangelpartners.tcc.mode | Delhi, India | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital services are extended to early-stage startups. | surgeventures.com | Houston, United States | ||
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Venture capital and advisory services are offered globally with a focus on AI and various sectors. | 2008 | redcliffecapital.com | ||
A multi-group online classifieds company operating across diversified sectors | 1995 | infoedge.in | Delhi, India |
Investor details for Shipsy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Llama Logisol Private Limited (Shipsy)
Llama Logisol Private Limited is the primary company behind Shipsy. The board of Llama Logisol Private Limited currently have 5 directors; the longest-serving is Soham Sandeep Chokshi, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Soham Sandeep Chokshi DIN 07175370 | Director | 12 Jun 2015 | 11 yrs 4 mo | Llama Logisol Private Limited |
| Dhruv Agrawal DIN 07175588 | Director | 12 Jun 2015 | 11 yrs 4 mo | Llama Logisol Private Limited |
| Himanshu Gupta DIN 07520975 | Director | 23 Mar 2022 | 4 yrs 7 mo | Llama Logisol Private Limited |
| Kaushik Anand Kalyana Krishnan DIN 07719742 | Nominee Director | 23 Mar 2022 | 4 yrs 7 mo | Llama Logisol Private Limited |
| Gautam Patel DIN 02304597 | Director | 27 Sep 2023 | 3 yrs 1 mo | Llama Logisol Private Limited |
People of Shipsy
38 people are tracked at Shipsy (24 in leadership, 8 in board & advisors, 6 in team); the tracked headcount is 219.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Sahil Arora | Co-Founder & VP Technology | Leadership |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Harsh Kumar | Founding Team / Chief Strategy Officer | Leadership |
Kapil Kaushik | Chief Technology Officer | Leadership |
Abhimanyu Pamulapati | Director, Engineering | Leadership |
Shikhar Sharma | Director Of Growth | Leadership |
Rolf van Oostrom | Vice President Sales, Regional Managing Director, Europe | Leadership |
Shivam Aggarwal | Senior Director- GCC & Africa | Leadership |
Charles Kotze | Regional Sales Director | Leadership |
Rajat Girdhar | Senior Vice President: Global Strategy & New Initiatives | Leadership |
Abhishek Deepak | Associate Director - Growth & Delivery | Leadership |
Joe Newbold | Senior Director | Leadership |
Manoj V Dev | Director | Leadership |
Deepak Shekar | RVP And Head Of Sales - Americas | Leadership |
Ashok Kumar Bendi | Director | Leadership |
Tanuj Shekhar | Sr. Director - Business | Leadership |
Anurag Pratap Singh | Associate Director- Product | Leadership |
Phanindra Karunakaram | Director | Leadership |
18 more people are available in the full profile.
Complete people profiles for Shipsy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Shipsy
Figures of Llama Logisol Private Limited, the primary company behind Shipsy, for FY 2023. Revenue was ₹50.22 Cr (+74% year on year). Net loss was -₹39.55 Cr (-74% margin). EBITDA was -₹57.89 Cr (-108% margin).
- ₹50.22 CrRevenue · FY 2023 · +74% YoY
- -₹39.55 CrNet loss · -74% margin
- -₹57.89 CrEBITDA · -108% margin
- ₹9.6 LakhPaid-up capital
- 219Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Llama Logisol Private Limited are on its company page.
Detailed financial statements for Shipsy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Shipsy
Shipsy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stockone.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-based solutions for warehouse management are provided. | stockone.com | Bengaluru, India | 2017 | Oct 2023 | •••• |
Complete acquisition details for Shipsy
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Timeline of Shipsy
5 dated milestones of Shipsy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Shipsy is founded.
- Funding First funding round of $196K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $25.0M.
- Acquisition Acquires Stockone.
Competitors of Shipsy
Shipsy has 2 listed competitors in our database, 2 of them funded. They include Freight Tiger and AVG Logistics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| avglogistics.com | 2010 | Delhi, India | $5.09M | 556 | Provider of integrated road and rail cargo transportation and warehousing solutions |
Detailed competitors of Shipsy
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Web traffic of Shipsy
The website of Shipsy (shipsy.io) receives about 301.3K visits a month and ranks #150,667 among all websites worldwide, #4,019 in Business Services.
- Monthly visits301.3K
▲ 12.8% vs previous month
- Unique visitors97.3K
per month
- Global rank#150,667
among all websites
- Category rank#4,019
Business and Consumer Services · Business Services
- Bounce rate33%
- Pages per visit4.3
- Average visit8 min 08 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Shipsy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fareye.com | 100% | 56.5K | #520,326 | View details | |
| loginextsolutions.com | 92% | 287.5K | #127,597 | View details | |
| mbaknol.com | 92% | #488,217 | View details | ||
| mecalux.com | 92% | 143.2K | #224,666 | View details | |
| ithinklogistics.com | 92% | 331.1K | #101,891 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for Shipsy
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- 38 similar websites
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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 Shipsy (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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Related news about Shipsy
Complete news archive for Shipsy
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Frequently Asked Questions about Shipsy
Shipsy was founded in 2015.
Shipsy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Soham Chokshi is the CEO of Shipsy, as recorded in our data. They have also founded this company.
Shipsy is a funded company, having raised a total of $32.89M across 6 funding rounds to date. The company's 1st funding round was a Seed of $195.69K, raised on Sep 2015.
Shipsy has 219 employees.
The primary company behind Shipsy, Llama Logisol Private Limited, reported revenue of ₹50.22 Cr for FY 2023, up 74% year on year.
Shipsy was established in 2015 in Gurugram, India, within the logistics and supply chain sector. End-to-end operations are optimized through a platform that automates tracking, routing, and scheduling. Shipment monitoring in real-time is enabled, along with connections to freight forwarders and customs agents. Services include customer database management, billing, and invoicing, supporting businesses in simplifying cargo and container oversight.
Shipsy's top competitors include Freight Tiger and AVG Logistics.
Shipsy offers Transportation Management System, Warehouse Management System, Route Optimization and Planning, Shipment Tracking, and Freight Procurement.
Shipsy has made 1 acquisition, including Stockone.
Shipsy has 22 investors. Key investors include Info Edge, DTDC, Z3Partners, A91 Partners, and Surge.
The valuation of Shipsy is $122.32M as of Feb 2022.