Shyplite

Delhi, India Founded: 2015 • Age: 11 yrs
Cloud-based shipping management is provided for e-retailers via integrated carriers.
Annual revenue $8.7M Latest available
Total funding - 1 rounds
Employees 24 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Shyplite

Shyplite is a company based in Delhi (India) founded in 2015 by Parinay Itkan and Sugam Jain. The company has 24 employees as of November 18, 2024. Shyplite operates in a competitive market with competitors including Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.

  • Headquarter Delhi, India
  • Employees 24 as on 18 Nov, 2024
  • Founders Parinay Itkan, Sugam Jain
  • Sectors
    Transportation, Automotive & Logistics
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Simba Logistics Private Limited
  • Date of Incorporation 06 Feb, 2013
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.7 M (USD)
    90.63
    as on Mar 31, 2022
  • Net Profit
    -$1.74 M (USD)
    -1681.13
    as on Mar 31, 2022
  • EBITDA
    -$1.5 M (USD)
    -1018.62
    as on Mar 31, 2022
  • Latest Funding Round
    $1 M (USD), Debt – Venture

    Jun 09, 2021

  • Investors
  • Employee Count
    24

    as on Nov 18, 2024

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Funding Insights of Shyplite

Investors in Shyplite

Shyplite has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include N+1 Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Revenue-based growth capital is provided for Indian entrepreneurs.
Locked Locked Locked
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Investor details for Shyplite

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Investments & Acquisitions by Shyplite

Investments
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Investment portfolio details for Shyplite

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Financial Statements - Shyplite

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Detailed financials for Shyplite

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Shyplite Comparisons

Shyplite Primary company
Description
Cloud-based shipping management is provided for e-retailers ...
Location
Delhi, India
Founded Year
2015
Annual Revenue
$8.7 M (USD)
Net Profit
-$1.74 M (USD)
EBITDA
-$1.5 M (USD)
Employees
24
As of 2024
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Peer comparison for Shyplite

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Competitors of Shyplite

Shyplite 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 Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
E-commerce tools for shipping, marketing, and financial services are provided.
Locked Locked Locked
Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
Locked Locked Locked
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
Locked Locked Locked
Tech-enabled fulfillment services are provided to e-commerce businesses.
Locked Locked Locked
SaaS-based omnichannel retail management software is provided for retailers.
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Detailed competitors of Shyplite

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Latest news on Shyplite

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Complete news archive for Shyplite

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Frequently Asked Questions about Shyplite

Shyplite was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Shyplite is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Sugam Jain is the current CEO of Shyplite. They have also founded this company.

As of Nov 18, 2024, the latest employee count at Shyplite is 24.

Annual revenue of Shyplite is $8.7M as on Mar 31, 2022.

Shyplite was founded in 2015 in Delhi, India, as a cloud-based platform for shipping management in the e-commerce sector. Integration with carriers such as FedEx, Delhivery, Blue Dart, DTDC, GoJavas, Gati, and ExpressBees is supported through a single-window interface. Services include automated booking, real-time tracking via plugins for online stores, and per-shipment pricing without subscription fees. Operations focus on streamlining logistics for e-retailers across India.

Shyplite's top competitors include Shiprocket, Shippo and ShipBob.

Shyplite has 1 investor. Key investors include N+1 Capital.

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