About Shipway
Shipway is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2015 by Vikas Garg and Gaurav Gupta, and was acquired by Unicommerce in November 2024. Multi-carrier eCommerce shipping solutions are offered by Shipway. It operates in the Transportation, Automotive & Logistics and Retail sectors. Shipway has raised $2.52 million across 2 funding rounds from investors including Unicommerce, Tradezeal Online and Akshay Hedge. The company has 146 employees. Shipway was last valued at $9.45 million in April 2021. Its chief executive, as recorded, is Ezy Slips. Its website shipway.com draws about 1.2 million monthly visits. Its Indian entity Shipway Technology Private Limited reported revenue of ₹85.19 Cr. Shipway offers products and services including Shipping Automation, RTO Reduction Suite, and Order Management System. Its focus areas include E-Commerce Enablers, Operations Management, Logistics Management and Shipping and Fulfillment Enablers. Its competitors include Shiprocket, Pickrr and Emiza; 3 of its 3 listed competitors have raised funding.
Company details
Shipway was founded in 2015 in Gurugram, India, as a platform focused on eCommerce logistics. Multi-carrier shipping automation is provided, along with return management, fraud detection, NDR handling, and tracking notifications. Integrations are supported for platforms such as Shopify, WooCommerce, BigCommerce, and eBay. Operations follow a subscription model, serving businesses in the online retail sector across India.
- Headquarters Gurugram, India
- Employees 146
- Founders Vikas Garg, Gaurav Gupta
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsRetail
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Website shipway.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Unicommerce (Nov 2024)
- Legal Name Shipway Technology Private Limited
- Date of Incorporation 06 Aug, 2015
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹85.19 Cr
FY 2026 · +31% YoY
- Net Loss-₹3.58 Cr
FY 2026 · -4% margin
- EBITDA-₹1.70 Cr
FY 2026 · -2% margin
- Total Equity Funding$2.52M (USD)
in 2 rounds
- Latest Funding Round$2.44M (USD), Seed
Apr 2021
- InvestorsUnicommerce
& 7 more
- Employee Count146
- Acquired byUnicommerce
(Nov 2024)
Associated legal entities of Shipway
Shipway operates through Shipway Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shipway Technology Private Limited CIN U72300HR2015PTC056319 | Active | 06 Aug 2015 | Gurgaon, Haryana | ₹85.2 Cr | 146 | 4 | View details |
Products & Services of Shipway
Shipway offers a comprehensive portfolio of products and services, including Shipping Automation, RTO Reduction Suite, and Order Management System.
Platform for automating e-commerce shipping and courier integrations.
Tools to minimize return-to-origin rates and improve delivery success.
System for handling orders, inventory, and marketplace integrations.
Apps and channels of Shipway
its YouTube channel Shipway by Unicommerce has 426 subscribers and 30 videos.
Videos from Shipway
The most watched videos on Shipway's YouTube channel, Shipway by Unicommerce (426 subscribers). Click a video to play it here.
More on Shipway by Unicommerce.
Funding Insights of Shipway
Shipway has successfully raised a total of $2.52M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.44 million completed in April 2021. 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 $2.52M
- Total Rounds 2
- Last Round Seed — $2.44M
- First Round $81,639
(Mar 2021)
- Investors Count 7
All 2 funding rounds of Shipway 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 |
|---|---|---|---|---|---|
| Apr 2021 | $2.44M | Seed | $9.45M | Tradezeal Online | – |
| Mar 2021 | $81,639 | Angel Round | $2.73M | Akshay Hedge |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $9.45M | •••••••• |
| Mar 2021 | $2.73M | •••••••• |
Last known valuation $9.45M (Apr 2021). 8 investors in total: 2 institutional and 6 angel.
Investors in Shipway
Shipway has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Unicommerce, Tradezeal Online and Akshay Hedge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors. | Delhi, India | |||
AH Akshay Hedge | unknown_1630f81c7f4c47d7a | |||
SR Santosh Reddy | unknown_13b48467e698408eb | |||
AH Akash Hedge | unknown_3e079e0f3a2e421da | |||
GG Gaurav Gupta | Angel investor, ex-Zomato co-founder, active in Indian startup ecosystem | unknown_c1af37e09bf34c229 | ||
VG Vikas Garg | Co-founder of Paytm, angel investor in Indian startups | unknown_077ad1ddcf4d4d819 | ||
LS Likki Santosh Reddy | unknown_72e8deb2e73f4e4fb | |||
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping | 2012 | unicommerce.com | Gurugram, India |
Investor details for Shipway
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Board of directors of Shipway Technology Private Limited (Shipway)
Shipway Technology Private Limited is the primary company behind Shipway. The board of Shipway Technology Private Limited currently have 4 directors; the longest-serving is Bharat Venishetti, appointed in 2024. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharat Venishetti DIN 08317416 | Nominee Director | 19 Dec 2024 | 1 yr 10 mo | Shipway Technology Private Limited |
| Prankur Chaturvedi DIN 10876314 | Nominee Director | 19 Dec 2024 | 1 yr 10 mo | Shipway Technology Private Limited |
| Saurabh Kumar Choudhary DIN 10876354 | Nominee Director | 19 Dec 2024 | 1 yr 10 mo | Shipway Technology Private Limited |
| Sairee Chahal DIN 00333336 | Director | 30 Apr 2025 | 1 yr 6 mo | Shipway Technology Private Limited |
People of Shipway
3 people are tracked at Shipway (3 in leadership); the tracked headcount is 146.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Ezy Slips | CEO | Leadership |
Complete people profiles for Shipway
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Financials of Shipway
Figures of Shipway Technology Private Limited, the primary company behind Shipway, for FY 2026. Revenue was ₹85.19 Cr (+31% year on year). Net loss was -₹3.58 Cr (-4% margin). EBITDA was -₹1.70 Cr (-2% margin). Revenue has grown at a compounded annual rate of +99% over three years and +78% over five years.
- ₹85.19 CrRevenue · FY 2026 · +31% YoY
- -₹3.58 CrNet loss · -4% margin
- -₹1.70 CrEBITDA · -2% margin
- ₹1.4 LakhPaid-up capital
- 146Employees (provident fund records)
- +99%Revenue CAGR, 3 years
- +78%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shipway Technology Private Limited are on its company page.
Detailed financial statements for Shipway
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Shipway
5 dated milestones of Shipway across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Shipway is founded.
- Funding First funding round of $82K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.4M.
- Exit Acquired by Unicommerce.
Competitors of Shipway
Shipway has 3 listed competitors in our database, 3 of them funded. They include Shiprocket, Pickrr and Emiza.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shiprocket.in | 2012 | Gurugram, India | $321.57M | 2,607 | E-commerce tools for shipping, marketing, and financial services are provided. | |
| pickrr.com | 2015 | Gurugram, India | $16.36M | AI-based logistics solutions are provided for shipping and tracking. | ||
| emizainc.com | 2015 | Mumbai, India | $24.13M | 288 | Logistics and delivery solutions are provided for e-commerce businesses. |
Detailed competitors of Shipway
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Shipway
The website of Shipway (shipway.com) receives about 1.2M visits a month and ranks #43,590 among all websites worldwide, #1,123 in Business Services.
- Monthly visits1.2M
▼ 12.6% vs previous month
- Unique visitors349.5K
per month
- Global rank#43,590
among all websites
- Category rank#1,123
Business and Consumer Services · Business Services
- Bounce rate39%
- Pages per visit3.7
- Average visit6 min 06 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Shipway. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nimbuspost.com | 100% | 697.2K | #42,161 | View details | |
| shiprocket.in | 93% | 6.6M | #7,716 | View details | |
| shopify.com | 87% | 224.7M | #101 | View details | |
| ithinklogistics.com | 86% | 331.1K | #101,891 | View details | |
| ahrefs.com | 79% | 7.8M | #6,120 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Shipway
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- 40 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 Shipway (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 Shipway
Complete news archive for Shipway
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Frequently Asked Questions about Shipway
Shipway was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Shipway is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Ezy Slips is the CEO of Shipway, as recorded in our data.
Shipway is a funded company, having raised a total of $2.52M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $81.64K, raised on Mar 2021.
Shipway has 146 employees.
The primary company behind Shipway, Shipway Technology Private Limited, reported revenue of ₹85.19 Cr for FY 2026, up 31% year on year.
Shipway was founded in 2015 in Gurugram, India, as a platform focused on eCommerce logistics. Multi-carrier shipping automation is provided, along with return management, fraud detection, NDR handling, and tracking notifications. Integrations are supported for platforms such as Shopify, WooCommerce, BigCommerce, and eBay. Operations follow a subscription model, serving businesses in the online retail sector across India.
Shipway's top competitors include Shiprocket, Pickrr and Emiza.
Shipway offers Shipping Automation, RTO Reduction Suite, and Order Management System.
Shipway has 8 investors. Key investors include Unicommerce, Tradezeal Online, Akshay Hedge, Santosh Reddy, and Akash Hedge.
The valuation of Shipway is $9.45M as of Apr 2021.
Shipway operates through Shipway Technology Private Limited.