+
Shiplog Raises Rs 6.5 Crore to Boost Delivery Tech for D2C Brands
AVIATION & AIRPORTS

Shiplog Raises Rs 6.5 Crore to Boost Delivery Tech for D2C Brands

Gurugram-based logistics-tech startup Shiplog has secured INR 6.5 Crore in a seed round led by Mumbai-based Deepak Bhagnani Family Office. This marks Shiplog’s maiden fundraising round since its inception in 2022; before this, the startup had remained bootstrapped.

The company will deploy the newly acquired seed capital to enhance and optimise 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. They are currently focused on establishing a strong presence and positioning themselves as a leading player in the Delhi-NCR region, which represents the largest market for fulfilment through dark stores & quick deliveries in India.

Shiplog currently handles over 15,000 orders daily. The startup’s business model is built around providing rapid last-mile delivery solutions for D2C brands and e-commerce businesses, specialising in 4-hour, same-day, and next-day deliveries. 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. Bolstered by the seed funding, Shiplog is aiming to triple its MRR (monthly revenue rate) within the next six months as an immediate milestone.

Speaking on the fundraise, Kamal Sharma, Pratik Dasgupta & Shubhangi, Co-Founders of Shiplog, commented, “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 revolutionising 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 the 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”.

Deepak Bhagnani, Angel Investor, added, “Following the rapid expansion of quick-commerce in our country in recent years, consumer preferences have increasingly shifted towards faster delivery options. Shiplog, with its 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”.

According to a Redseer Consulting report, India’s D2C market is projected to grow at a CAGR of 40 per cent between 2022 and 2027. As the D2C and quick-commerce markets expand in India, there is a shifting consumer preference for faster delivery timelines. Currently, of the 12 million daily e-commerce deliveries in India, less than 20% are fulfilled on the same day, while a significant majority of them are completed within a 3–4 days’ timeframe. Shiplog aims to address this gap by providing efficient, faster delivery solutions to meet evolving customer expectations and support the next phase of e-commerce growth in India.

Traditional logistics models, relying on centralised warehouses, often result in inefficiencies, extended delivery timelines, increased order cancellations, and higher inventory maintenance costs. Shiplog addresses all these challenges, empowering D2C and online-first brands with tech-enabled, faster fulfilment solutions that enhance customer experiences while reducing operational costs. 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 optimise operations and streamline delivery route planning.

Shiplog has successfully 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. The startup is also leading the charge in the green logistics sector by using electric vehicle (EV)-based transportation solutions. In the near future, Shiplog aspires to raise bigger rounds of funding.

Gurugram-based logistics-tech startup Shiplog has secured INR 6.5 Crore in a seed round led by Mumbai-based Deepak Bhagnani Family Office. This marks Shiplog’s maiden fundraising round since its inception in 2022; before this, the startup had remained bootstrapped. The company will deploy the newly acquired seed capital to enhance and optimise 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. They are currently focused on establishing a strong presence and positioning themselves as a leading player in the Delhi-NCR region, which represents the largest market for fulfilment through dark stores & quick deliveries in India. Shiplog currently handles over 15,000 orders daily. The startup’s business model is built around providing rapid last-mile delivery solutions for D2C brands and e-commerce businesses, specialising in 4-hour, same-day, and next-day deliveries. 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. Bolstered by the seed funding, Shiplog is aiming to triple its MRR (monthly revenue rate) within the next six months as an immediate milestone. Speaking on the fundraise, Kamal Sharma, Pratik Dasgupta & Shubhangi, Co-Founders of Shiplog, commented, “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 revolutionising 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 the 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”. Deepak Bhagnani, Angel Investor, added, “Following the rapid expansion of quick-commerce in our country in recent years, consumer preferences have increasingly shifted towards faster delivery options. Shiplog, with its 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”. According to a Redseer Consulting report, India’s D2C market is projected to grow at a CAGR of 40 per cent between 2022 and 2027. As the D2C and quick-commerce markets expand in India, there is a shifting consumer preference for faster delivery timelines. Currently, of the 12 million daily e-commerce deliveries in India, less than 20% are fulfilled on the same day, while a significant majority of them are completed within a 3–4 days’ timeframe. Shiplog aims to address this gap by providing efficient, faster delivery solutions to meet evolving customer expectations and support the next phase of e-commerce growth in India. Traditional logistics models, relying on centralised warehouses, often result in inefficiencies, extended delivery timelines, increased order cancellations, and higher inventory maintenance costs. Shiplog addresses all these challenges, empowering D2C and online-first brands with tech-enabled, faster fulfilment solutions that enhance customer experiences while reducing operational costs. 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 optimise operations and streamline delivery route planning. Shiplog has successfully 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. The startup is also leading the charge in the green logistics sector by using electric vehicle (EV)-based transportation solutions. In the near future, Shiplog aspires to raise bigger rounds of funding.

Next Story
Resources

Pankaja Munde Lauds CREDAI-MCHI for Tree Plantation in Beed

CREDAI-MCHI has received a second letter of appreciation from Smt. Pankaja Gopinath Munde, Maharashtra’s Minister of Environment & Climate Change, for planting 2,000 tree saplings at Bhagvan Bhaktigad, Sawargaon Ghat in Patoda, Beed. The initiative aligns with the state’s Green Maharashtra Mission and Van Mahotsav drive. In her letter, the Minister commended CREDAI-MCHI’s environmental contribution as a step towards long-term ecological balance and climate resilience. Domnic Romell, President, CREDAI-MCHI, said: “We are deeply honoured to receive this recognition... The p..

Next Story
Technology

Rodic Launches Advisory Arm for Data-Driven Governance Reform

Rodic Consultants has announced the launch of Rodic Advisory & Technology, a strategic new vertical aimed at strengthening data-led governance, institutional reform, and infrastructure strategy. The move marks a key milestone in the company’s evolution from engineering consultancy to governance enabler. Positioned as a dedicated public sector think tank, the vertical will partner with government bodies, multilateral institutions, and public agencies to deliver advisory services rooted in real-time operational data, engineering intelligence, and implementation expertise. Service..

Next Story
Infrastructure Urban

IndoSpace Launches Largest Industrial Park in Pune Region

IndoSpace, India’s leading supply chain infrastructure platform, has launched IndoSpace Chakan V, its largest industrial and logistics park in the country. Spread across 188 acres in MIDC Chakan near Pune, the project involves an investment of USD 120 million and marks the company’s eighth park in the region, bringing IndoSpace’s Pune footprint to 525 acres. Strategically located along major highways—including the Mumbai-Pune Expressway, Pune-Nashik Highway, and Bengaluru-Mumbai Industrial Corridor—the park ensures seamless connectivity to key industrial hubs and ports across we..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?