About ShipTurtle
ShipTurtle is a company based in Ahmedabad (India) founded in 2021. ShipTurtle has raised $632.72 thousand across 3 funding rounds from investors including We Founder Circle, Gujarat University Startup and Entrepreneurship Council and Foresite Technologies. The company has 1 employees as of April 05, 2024. ShipTurtle offers products and services including Marketplace App and Shipping Integration. ShipTurtle operates in a competitive market with competitors including Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
- Headquarter Ahmedabad, India
- Employees 1 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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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 Shipturtle Apps Private Limited
- Date of Incorporation 27 May, 2021
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$62.38 K (USD)67.72as on Mar 31, 2023
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Net Profit
-$36.58 K (USD)-965.63as on Mar 31, 2023
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EBITDA
-$35.97 K (USD)-1091as on Mar 31, 2023
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Total Equity Funding
$632.72 K (USD)
in 3 rounds
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Latest Funding Round
$205.9 K (USD), Seed
May 29, 2023
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Investors
We Founder Circle
& 16 more
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Employee Count
1
as on Apr 05, 2024
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Products & Services of ShipTurtle
ShipTurtle offers a comprehensive portfolio of products and services, including Marketplace App and Shipping Integration.
Enables building of multi-vendor marketplaces on Shopify
Automates shipping and order fulfillment for online stores
Funding Insights of ShipTurtle
ShipTurtle has successfully raised a total of $632.72K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $205.9 thousand completed in May 2023. 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 ShipTurtle
ShipTurtle has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include We Founder Circle, Gujarat University Startup and Entrepreneurship Council and Foresite Technologies.
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Startup incubation, support, and entrepreneurship services in Gujarat.
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Investments are made in early-stage tech startups across sectors.
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Investor details for ShipTurtle
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Investments & Acquisitions by ShipTurtle
Investment portfolio details for ShipTurtle
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- Portfolio identities
- Transaction dates
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Financial Statements - ShipTurtle
Detailed financials for ShipTurtle
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- Profit trends
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Shipturtle Comparisons
Peer comparison for ShipTurtle
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- Named peers
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Competitors of ShipTurtle
ShipTurtle 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 Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
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Software suite solutions are provided for e-commerce retailers and marketplaces.
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Cloud-based e-commerce solutions for marketplace businesses are provided.
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Online B2B marketplace for grocery products and services is operated.
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Technology is provided to enable auction-based secondary goods marketplaces.
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Solutions for marketplace platforms are provided to businesses.
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Provider of e-commerce platform for businesses
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Detailed competitors of ShipTurtle
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Latest news on Shipturtle
Complete news archive for ShipTurtle
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Frequently Asked Questions about ShipTurtle
ShipTurtle was founded in 2021 and raised its 1st funding round 2 years after it was founded.
ShipTurtle is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
ShipTurtle is a funded company, having raised a total of $632.72K across 3 funding rounds to date.
As of Apr 05, 2024, the latest employee count at ShipTurtle is 1.
Annual revenue of ShipTurtle is $62.38K as on Mar 31, 2023.
ShipTurtle was founded in 2021 in Ahmedabad, India, as a SaaS provider in the e-commerce fulfillment sector. Multi-vendor and multi-channel management is supported, allowing cross-selling of products across brand websites. Workflows for inventory, orders, products, and payments are handled. Services encompass order fulfillment through integrated shippers, real-time tracking, invoicing, and sales analytics for business operations.
ShipTurtle offers Marketplace App and Shipping Integration.
ShipTurtle has 17 investors. Key investors include We Founder Circle, Gujarat University Startup and Entrepreneurship Council, Foresite Technologies, Abhilash Sonwane, and Pramod Kabra.
The valuation of ShipTurtle is $2.74M as of May 2023.