About Shyp
Shyp is a company based in Kolkata (India) founded in 2022 by Shivam Bharuka. Shyp has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees as of April 01, 2024. Shyp operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Kolkata, India
- Employees 1 as on 01 Apr, 2024
- Founders Shivam Bharuka
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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- Legal Name Haulx Technologies Private Limited
- Date of Incorporation 11 Jan, 2023
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
1
as on Apr 01, 2024
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Funding Insights of Shyp
Shyp has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Shyp | Valuation |
investors |
Investors in Shyp
Shyp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shyp
Financial Statements - Shyp
Shyp Comparisons
Competitors of Shyp
Shyp 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 BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
An app-based marketplace is operated for cargo transportation bookings.
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| domain | founded_year | HQ Location |
Cold chain logistics solutions are booked through an online platform.
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Businesses are connected with truck transportation services across India.
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Latest news on Shyp
Frequently Asked Questions about Shyp
Shyp was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Shyp is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Shivam Bharuka is the current CEO of Shyp. They have also founded this company.
Shyp is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2023.
As of Apr 01, 2024, the latest employee count at Shyp is 1.
Shyp was founded in 2022 in Kolkata, India, within the logistics sector. An Android app is provided for shippers to post load requirements, locate available trucks, track shipments in real time, handle document exchanges, and complete online payments. Operations are centered on facilitating efficient trucking bookings across regions, with the platform accessible through the domain shyp.co.in.
Shyp has 1 investor. Key investors include Y Combinator.