Gurugram-based logistics-tech startup Shiplog has raised Rs 6.5 crore in a seed round led by the Deepak Bhagnani Family Office. This is the startup’s first round of funding since its launch in 2022, having previously operated on a bootstrapped model. The capital will be used to enhance its technological infrastructure and expand its team, while developing an AI-driven inventory management system aimed at optimizing operations.
Shiplog currently processes over 15,000 orders daily, focusing on rapid last-mile delivery solutions for D2C brands and e-commerce businesses, including 4-hour, same-day, and next-day deliveries. By utilizing a tech-enabled hyperlocal delivery model, Shiplog offers a competitive edge without the burden of heavy logistics investments. The company aims to triple its monthly revenue rate within the next six months.
Co-founders Kamal Sharma, Pratik Dasgupta, and Shubhangi expressed gratitude for the investment, emphasizing their goal to disrupt the logistics landscape in India. With a rapidly expanding D2C market, they aim to meet evolving consumer demands for quicker delivery options. Angel investor Deepak Bhagnani highlighted Shiplog’s potential to transform the industry through its fast and efficient delivery solutions.
As part of its commitment to sustainability, Shiplog is also incorporating electric vehicle solutions into its operations. Looking ahead, the startup plans to pursue further funding rounds to fuel its growth and innovation in the logistics sector.
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