+
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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Annette Gregg Named WTCA’s First Female CEO

World Trade Centers Association (WTCA) has appointed Annette Gregg as Chief Executive Officer, making her the first woman to lead the organisation in its 57-year history.Gregg assumed the role from October 5 and will lead WTCA from its recently established global headquarters at One World Trade Center in New York City. The association connects more than 300 World Trade Center locations across nearly 100 countries and territories.As CEO, Gregg will provide strategic leadership to WTCA and its global staff, working with the Board of Directors and members to advance business priorities, strengthe..

Next Story
Resources

Isprava Appoints Sanjay Sethi as Strategic Advisor

Isprava Group has appointed Dr Sanjay Sethi as Strategic Advisor to the business, with a focus on Lohono Stays and Isprava Hospitality.Sethi brings more than 37 years of experience across hospitality operations, development, ownership, strategic growth and capital markets. He will work closely with the Group on strategy, growth and the development of its hospitality business.The appointment comes as Isprava Group expands its integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services.Nibhrant Shah, Managing Director & Co-CEO, Isprava Group, sai..

Next Story
Infrastructure Energy

SunBridge BioEnergy Starts Ethanol Production in Seoni

SunBridge BioEnergy, the bioenergy arm of SunBridge Group, has commenced commercial production at its grain-based fuel-grade ethanol manufacturing facility in Seoni, Madhya Pradesh. The Seoni plant has a production capacity of 300 kilolitres per day and a storage capacity of 11,000 kilolitres. Spread across approximately 117,560 sq m, the facility marks SunBridge BioEnergy’s entry into commercial ethanol production. The company is also expanding its ethanol portfolio with a 400 KLD facility in Raipur, Chhattisgarh, which is expected to become operational soon. Once commissioned, SunBridge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code