About Shipsy
Shipsy is a company based in Gurugram (India) founded in 2015 by Himanshu Gupta, Sahil Arora, Dhruv Agrawal, and Soham Chokshi. Shipsy has raised $32.89 million across 6 funding rounds from investors including Info Edge, DTDC and Z3Partners. The company has 219 employees as of April 08, 2024. Shipsy has completed 1 acquisition, including Stockone. Shipsy offers products and services including Transportation Management System, Warehouse Management System, Route Optimization and Planning, Shipment Tracking, and Freight Procurement. Shipsy operates in a competitive market with competitors including Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
- Headquarter Gurugram, India
- Employees 219 as on 08 Apr, 2024
- Founders Himanshu Gupta, Sahil Arora, Dhruv Agrawal, Soham Chokshi
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Llama Logisol Private Limited
- Date of Incorporation 12 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$6.44 M (USD)74.14as on Mar 31, 2023
-
Net Profit
-$4.75 M (USD)-196.53as on Mar 31, 2023
-
EBITDA
-$6.96 M (USD)-207.71as on Mar 31, 2023
-
Total Equity Funding
$32.89 M (USD)
in 6 rounds
-
Latest Funding Round
$25 M (USD), Series B
Feb 23, 2022
-
Investors
Info Edge
& 21 more
-
Employee Count
219
as on Apr 08, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of Shipsy
Unlock access to complete
Unlock access to complete
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.
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.
|
Locked | Locked | Locked | |
|
Tech and digital investing services in India.
|
Locked | Locked | Locked | |
|
Acceleration is provided to startups across multiple sectors by Surge.
|
Locked | Locked | Locked |
Investor details for Shipsy
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Shipsy
Shipsy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stockone.
Investment portfolio details for Shipsy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Web-based solutions for warehouse management are provided.
|
Locked | Locked | 2017 | Locked |
Complete acquisition details for Shipsy
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Shipsy
Detailed financials for Shipsy
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Shipsy Comparisons
Peer comparison for Shipsy
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Shipsy
Shipsy 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 Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Freight and logistics are managed via web-based platform.
|
|
| Locked | Locked | Locked |
SaaS-based transport management solutions are provided by LogiSpot.
|
|
| Locked | Locked | Locked |
Cloud-based solutions for transportation and supply chain management are offered.
|
|
| Locked | Locked | Locked |
Online booking platform for freight transportation
|
|
| Locked | Locked | Locked |
Cloud-based transportation management systems are provided for multimodal logistics.
|
|
| Locked | Locked | Locked |
AI & SaaS-driven transportation management software solution provider
|
Detailed competitors of Shipsy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shipsy
Complete news archive for Shipsy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Shipsy. They have also founded this company.
Shipsy is a funded company, having raised a total of $32.89M across 6 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Shipsy is 219.
Annual revenue of Shipsy is $6.44M as on Mar 31, 2023.
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, Descartes 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.