Shipsy Raises USD25M in Series B Funding

Shipsy Founding Team (L to R- Sahil Arora, Dhruv Agrawal, Himanshu Gupta, Soham Chokshi, and Harsh Kumar)
Shipsy Founding Team (L to R- Sahil Arora, Dhruv Agrawal, Himanshu Gupta, Soham Chokshi, and Harsh Kumar)

Shipsy, a Gurugram, India-based SaaS-based smart logistics management platform provider, raised USD25M in Seres B funding.

The round was led by A91 Partners and Z3 Partners with participation from Info Edge and Sequoia Capital India’s Surge.

The company intends to use the funds to continue growing its presence in the Middle East, India and Southeast Asian markets while accelerating global expansion into Europe and the US, drive rapid technological innovation with a focus on enhancing logistics sustainability and its AI, ML and Blockchain capabilities.

Co-founded by Sahil Arora, Dhruv Agrawal, Himanshu Gupta, Soham Chokshi, and Harsh Kumar, Shipsy provides SaaS-based smart logistics management platform that empowers global businesses to optimize, automate, track and simplify end-to-end logistics and supply chain operations.

FinSMEs

24/02/2022