Gurugram-based logistics-tech startup Shiplog has raised ₹6.5 crore in a seed funding round led by the Mumbai-based Deepak Bhagnani Family Office, according to an official release. This marks the company’s first fundraising effort since its inception in 2022.
The newly acquired seed capital will be used to strengthen and optimise Shiplog’s existing technological infrastructure, expand its team across critical verticals, and develop an AI-driven inventory management system that leverages advanced predictive analytics for efficient inventory control.
The startup is currently focused on expanding its footprint in the Delhi-NCR region, which the release describes as the largest market for fulfilment through dark stores and quick deliveries in India. Shiplog currently processes over 15,000 orders daily.
Its business model centres on providing rapid last-mile delivery solutions tailored for D2C brands and e-commerce businesses, with services including 4-hour, same-day, and next-day deliveries.
Co-Founders Kamal Sharma, Pratik Dasgupta, and Shubhangi 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 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 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.”
Angel investor Deepak Bhagnani 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 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.”
According to the release, Shiplog has effectively reduced return to origin (RTO) rates, improved delivery success rates (DSR), and achieved on-time delivery within 7-8 hours for over 98% of orders. The company is also implementing electric vehicle (EV)-based transportation solutions as part of its operations.
