Smart Ship

Singapore, Singapore Founded: 2019 • Age: 7 yrs
Digital monitoring solutions for maritime vessels are provided.

About Smart Ship

Smart Ship is a Transportation, Automotive & Logistics company based in Singapore (Singapore) founded in 2019 by Joy Basu and Vijay Kaushik. Digital monitoring solutions for maritime vessels are provided. Smart Ship has raised $5 million across 4 funding rounds from investors including Startupxseed Ventures, Nakakita Seisakusho and Ideaspring Capital. The company has 8 employees. Its chief executive, as recorded, is Joy Basu. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Shipping and Port Management and Shipping Management.

Company details

Smart Ship was founded in 2019 in Singapore as a cloud-based digital platform for the maritime industry. Real-time route tracking, performance monitoring, and predictive diagnostics are offered to ship owners, operators, charterers, and insurers. Vessel operations are optimized through these tools, with services accessible via the domain smartshiphub.com. The platform supports monitoring needs in the sector from its base in Singapore.

  • Headquarters Singapore, Singapore
  • Employees 8
  • Founders Joy Basu, Vijay Kaushik
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website smartshiphub.com
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $36.89 K (USD)
    -89
    as on Mar 31, 2023
  • Net Profit
    -$27.91 K (USD)
    -172
    as on Mar 31, 2023
  • EBITDA
    -$23.57 K (USD)
    -144
    as on Mar 31, 2023
  • Total Equity Funding
    $5M (USD)

    in 4 rounds

  • Investors
  • Employee Count
    8

Funding Insights of Smart Ship

Smart Ship has successfully raised a total of $5M across 4 strategic funding rounds. 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 $5M
  • Total Rounds 4
  • Investors Count 4

All 4 funding rounds of Smart Ship with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024Seed–Nakakita Seisakusho
–
Aug 2022$2.5MSeed–Ideaspring Capital
Jul 2022$2.5MSeed–Ideaspring Capital, Startupxseed Ventures
–
May 2021Seed–Cisco LaunchPad
–
Valuation history

4 investors in total: 4 institutional.

Investors in Smart Ship

Smart Ship has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Startupxseed Ventures, Nakakita Seisakusho and Ideaspring Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage investments are provided to technology startups by Ideaspring Capital.
ideaspringcap.comBengaluru, India
Venture capital firm investing in deep tech and B2B early-stage startups.
2015startupxseed.inBengaluru, India
Startups are accelerated by Cisco's sector-agnostic program.
launchpad.cisco.com/c/r/launchpad/index.htmlBengaluru, India
Fluid control systems are manufactured for industrial applications.
1930nakakita-s.co.jpDaito, Japan
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Investor details for Smart Ship

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Board of directors of Smart Ship

The boards of the 2 registered companies of Smart Ship currently have 2 directors; the longest-serving is Joy Basu, appointed in 2022. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Joy Basu
DIN 00385939
Nominee Director09 Apr 20224 yrs 6 moSmart Ship Hub Digital India Private Limited, Smart Ship Hub Private Limited
Prashant Shyam Hinduja
DIN 10871178
Nominee Director13 Dec 20241 yr 10 moSmart Ship Hub Digital India Private Limited, Smart Ship Hub Private Limited

People of Smart Ship

12 people are tracked at Smart Ship (7 in leadership, 5 in team); the tracked headcount is 8.

NameRoleGroup
Co-Founder & CEOLeadership
Vijay Kaushik
Co-FounderLeadership
Sanjiv Verma
Vice President - Sales And Account ManagementLeadership
Vikram Roopchand
CTOLeadership
Mayank Gupta
Head Of Software EngineeringLeadership
Erik Nielsen
Head Of Digital MarketingLeadership
Capt Shailesh Bhambhani
Head Of Sales MarketingLeadership
Devarsh Kikani
Software Development Engineer - IIITeam
Raghvendra Singh
Lead Devops EngineerTeam
Ritesh Kumar
Senior ManagerTeam
Mayank Chauhan
AnalystTeam
Ankit Sahoo
Procurement ManagerTeam
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Financials of Smart Ship

Figures of Smart Ship Hub Digital India Private Limited, the primary company behind Smart Ship, for FY 2025. Revenue was ₹13.16 Cr (+277% year on year). Net loss was -₹78.6 Lakh (-6% margin). EBITDA was ₹1.03 Cr (8% margin).

  • ₹13.16 CrRevenue · FY 2025 · +277% YoY
  • -₹78.6 LakhNet loss · -6% margin
  • ₹1.03 CrEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • 40Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Smart Ship Hub Digital India Private Limited are on its company page.

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Detailed financial statements for Smart Ship

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  • Downloads

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Timeline of Smart Ship

3 dated milestones of Smart Ship across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Smart Ship is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.

Web traffic of Smart Ship

The website of Smart Ship (smartshiphub.com) receives about 5.6K visits a month.

  • Monthly visits
    5.6K

    ▲ 458.1% vs previous month

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Related news about Smart Ship

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Complete news archive for Smart Ship

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Frequently Asked Questions about Smart Ship

Smart Ship was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Smart Ship is headquartered in Singapore, Singapore.

Joy Basu is the CEO of Smart Ship, as recorded in our data. They have also founded this company.

Smart Ship is a funded company, having raised a total of $5M across 4 funding rounds to date.

Smart Ship has 8 employees.

Annual revenue of Smart Ship is $36.89K as on Mar 31, 2023.

Smart Ship was founded in 2019 in Singapore as a cloud-based digital platform for the maritime industry. Real-time route tracking, performance monitoring, and predictive diagnostics are offered to ship owners, operators, charterers, and insurers. Vessel operations are optimized through these tools, with services accessible via the domain smartshiphub.com. The platform supports monitoring needs in the sector from its base in Singapore.

Smart Ship has 4 investors. Key investors include Startupxseed Ventures, Nakakita Seisakusho, Ideaspring Capital, and Cisco LaunchPad.

Smart Ship is associated with 2 legal entities: Smart Ship Hub Digital India Private Limited, Smart Ship Hub Private Limited.

The legal entities of Smart Ship currently have 2 directors, including Prashant Shyam Hinduja, Joy Basu.

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