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. Shyp operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Kolkata, India
- Employees 1
- Founders Shivam Bharuka
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website shyp.co.in
- Legal Name Haulx Technologies Private Limited
- Date of Incorporation 11 Jan, 2023
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹7,055
FY 2025 · -100% YoY
- Net Loss-₹33,253
FY 2025 · -471% margin
- EBITDA₹7,055
FY 2025 · 100% margin
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jun 2023
- Investors
- Employee Count1
Associated legal entities of Shyp
Shyp operates through Haulx Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Haulx Technologies Private Limited CIN U72900WB2023PTC259779 | Active | 11 Jan 2023 | Kolkata, West Bengal | ₹0.0 Cr | – | 3 | View details |
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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of Shyp 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 |
|---|---|---|---|---|---|
| Jun 2023 | $125,000 | Seed | – | – |
1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Shyp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Haulx Technologies Private Limited (Shyp)
Haulx Technologies Private Limited is the primary company behind Shyp. The board of Haulx Technologies Private Limited currently have 3 directors; the longest-serving is Shivam Bharuka, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivam Bharuka DIN 09858040 | Director | 11 Jan 2023 | 3 yrs 9 mo | Haulx Technologies Private Limited |
| Mukesh Kumar Bharuka DIN 01681002 | Director | 21 Mar 2023 | 3 yrs 6 mo | Haulx Technologies Private Limited |
| Murari Kumar Bharuka DIN 03011695 | Director | 21 Mar 2023 | 3 yrs 6 mo | Haulx Technologies Private Limited |
People of Shyp
1 people are tracked at Shyp (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Shyp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Shyp
Figures of Haulx Technologies Private Limited, the primary company behind Shyp, for FY 2025. Revenue was ₹7,055 (-100% year on year). Net loss was -₹33,253 (-471% margin). EBITDA was ₹7,055 (100% margin).
- ₹7,055Revenue · FY 2025 · -100% YoY
- -₹33,253Net loss · -471% margin
- ₹7,055EBITDA · 100% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Haulx Technologies Private Limited are on its company page.
Detailed financial statements for Shyp
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Shyp
2 dated milestones of Shyp across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Shyp is founded.
- Funding First funding round of $125K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| celcius.in | 2020 | Navi Mumbai, India | $54.49M | 256 | Cold chain logistics solutions are booked through an online platform. | |
| lobb.in | 2015 | Bengaluru, India | $4.56M | 120 | Provider of a digital freight brokerage platform connecting transporters and truckers | |
| transin.in | 2015 | Hyderabad, India | – | 50 | Online marketplace that connects truck owners with load owners | |
| wheelseye.com | 2017 | Gurugram, India | $2.01M | 1,695 | Businesses are connected with truck transportation services across India. | |
| onmove.in | 2016 | Gurugram, India | $17.53M | 245 | Technology-enabled platform for transportation management services | |
| raaho.in | 2015 | Gurugram, India | $7.26M | 96 | Operator of a digital network connecting shippers, truckers, and drivers | |
| trukky.com | 2015 | Gurugram, India | $553,822 | 12 | Online truck booking and logistics services are provided digitally. |
Detailed competitors of Shyp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Shyp
10 companies that operate in the same segment as Shyp (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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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 2023.
Shyp has 1 employees.
The primary company behind Shyp, Haulx Technologies Private Limited, reported revenue of ₹7,055 for FY 2025, down 100% year on year.
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.
Shyp operates through Haulx Technologies Private Limited.
The legal entities of Shyp currently have 3 directors, including Shivam Bharuka, Mukesh Kumar Bharuka, Murari Kumar Bharuka.