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Shiplog Bags ₹6.5 Cr Seed Round to Power AI-Led, 4-Hour Deliveries for D2C Brands

Gurugram-based logistics-tech startup Shiplog has raised ₹6.5 crore in its first external funding round, led by the Deepak Bhagnani Family Office. The capital will bolster its tech stack, launch an AI-driven inventory system, and expand its dark-store network across Delhi-NCR, where the firm already fulfils 15,000+ orders a day. Shiplog aims to triple monthly recurring revenue within six months while helping D2C and e-commerce brands meet surging demand for 4-hour, same-day and next-day delivery.

A smiling man wearing a black polo shirt with the Shiprocket logo, against a red background with a graph and financial icons, including a money bag, coins, and an upward-pointing arrow, symbolizing growth and success. The Shiprocket logo is visible in the upper-right corner.

Shiprocket Secures $26 Million in Series E Extension

Logistics SaaS leader Shiprocket has secured $26 million in a Series E funding extension, valuing the firm at $1.21 billion. With notable investors like KDT Ventures and MUFG Bank onboard, the funds are set to propel technology upgrades and market expansion, although profitability remains a key challenge.

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