Shiplog, a Gurugram-based logistics-tech startup, has raised ₹6.5 crore in a seed funding round led by Mumbai-based Deepak Bhagnani Family Office.
This is Shiplog’s maiden fundraising round since its inception in 2022. Before this, the startup had remained bootstrapped.
The fresh capital raised will be used to enhance and optimize its existing technological infrastructure, facilitate the expansion of its team across key verticals, and develop an innovative AI-driven inventory management system leveraging advanced predictive analytics for optimal inventory management.
Shiplog also aims to triple its MRR (monthly revenue rate) within the next six months as an immediate milestone.
Founded in 2022 by Kamal Shharma, Pratik Das Gupta and Shubhangi Gupta, Shiplog is a green mobility solutions provider for individuals and corporations.
Shiplog is currently focused on establishing a strong presence and positioning itself as a leading player in the Delhi-NCR region, which represents the largest market for fulfilment through dark stores & quick deliveries in India.
Their tech-enabled hyperlocal delivery approach eliminates the need for substantial investments in logistics infrastructure, allowing D2C and online-commerce enterprises to compete effectively with established players while gaining robust control over their inventory.
The startup’s business model is built around providing rapid last-mile delivery solutions for D2C brands and e-commerce businesses, specializing in 4-hour, same-day, and next-day deliveries.
By deploying a network of strategically located dark stores closer to end customers, Shiplog ensures superfast deliveries, reducing Return to Origin (RTO) rates and improving profit margins.
Their technology-driven platform provides real-time order tracking, inventory visibility, and actionable analytics, enabling brands to optimize operations and streamline delivery route planning.
Shiplog claims to have reduced Return to Origin (RTO) rates, enhanced Delivery Success Rates (DSR), and achieved timely delivery within 7-8 hours for over 98% of orders for its partners.
Shiplog currently handles over 15,000 orders daily.
Kamal Shharma, Pratik Dasgupta & Shubhangi, Co-Founders of Shiplog said, “We are elated to have secured this seed round of investment. As we continue to disrupt the nation’s logistics industry through our dark stores, tech and delivery networks, we’re extremely grateful to our investor Deepak Bhagnani Family Office for expressing confidence in and backing our vision of revolutionizing the quick delivery segment for D2C brands.”
“Unlike traditional logistics service providers, which typically offer delivery times of 3-4 days, our seamless and reliable end-to-end solution enables same-day or next-day delivery. This allows our partnered brands to stay ahead of competition and cater to the rapidly evolving consumer demands of the e-commerce/D2C landscape. The funds raised in this round shall be instrumental to our growth and scaling in the near future, and also catalyse our long-term vision to be the leading brand in rapid delivery solutions for D2C brands in India,” he added.
Deepak Bhagnani, Angel Investor, said, “Following the rapid expansion of quick-commerce in our country in recent years, consumer preferences have increasingly shifted towards faster delivery options. Shiplog, with their promise of quick and efficient deliveries for online-first and D2C brands, is well-positioned to disrupt the industry through their last mile, superfast delivery solutions. We were impressed by the team’s dedication and vision of the founders, and are now excited to contribute to the growth story of Shiplog as their investor.”
