Shiplog, a logistics-tech startup specializing in rapid last-mile delivery for direct-to-consumer (D2C) and e-commerce brands, has secured ₹6.5 crore in seed funding. The investment round was led by the Deepak Bhagnani Family Office, marking the company’s first external funding since its inception in 2022.
Enhancing Technological Infrastructure and Expanding Operations
Founded by Kamal Sharma, Pratik Dasgupta, and Shubhangi Pandey, Shiplog aims to utilize the fresh capital to strengthen its technological infrastructure, expand its team, and develop an advanced AI-powered inventory management system. The company’s platform integrates inventory management, order fulfillment, route optimization, and delivery coordination, enabling 4-hour, same-day, and next-day deliveries through a network of strategically located dark stores.
Positioning in the Rapidly Growing D2C Market
Currently handling over 15,000 orders daily, primarily in the Delhi-NCR region, Shiplog’s tech-enabled delivery solutions have helped brands reduce return-to-origin (RTO) rates and achieve over 98% on-time delivery. The startup’s focus on rapid delivery aligns with the projected 40% CAGR growth of India’s D2C market through 2027, driven by increasing internet penetration and urban demand.
Commitment to Sustainability and Future Growth
In addition to operational efficiency, Shiplog is committed to sustainability by leveraging electric vehicle (EV)-based transportation, enhancing profitability while reducing environmental impact. With the recent funding, the company aims to triple its monthly revenue rate within six months and is eyeing larger funding rounds in the near future to further scale its operations and solidify its position as a leader in rapid delivery solutions for D2C brands in India.