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Gurugram-based logistics-tech startup Shiplog has raised Rs 6.5 crore in a seed funding round led by the Deepak Bhagnani Family Office, marking its first external investment since it was founded in 2022.
Previously bootstrapped, the startup plans to deploy the capital to strengthen its technological infrastructure, expand its team, and launch a next-gen, AI-driven inventory management system.
What does Shiplog do?
Shiplog, founded by Kamal Sharma, Pratik Dasgupta, and Shubhangi, specialises in rapid last-mile delivery for direct-to-consumer (D2C) and e-commerce brands, with a focus on 4-hour, same-day, and next-day deliveries through a network of dark stores.
The startup claims that it currently handles over 15,000 orders daily, mostly concentrated in the Delhi-NCR region—India’s largest market for fast fulfilment services.
“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,” said the founders in a joint statement.
“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,” they added.
Building infrastructure for speed
Shiplog’s business model combines tech-first operations with a hyperlocal logistics network. By placing dark stores—small, strategically located fulfilment centres—closer to end customers, the startup reduces delivery times, lowers return-to-origin (RTO) rates, and improves margins for its clients.
It also provides real-time inventory visibility, order tracking, and predictive analytics that help brands optimise supply chain decisions.
According to a Redseer Consulting report, India’s D2C market is projected to grow at a CAGR of 40% through 2027, driven by rising internet penetration, urban demand, and a generational shift toward online shopping. However, of the 12 million daily e-commerce orders in India, fewer than 20% are fulfilled on the same day, creating a significant gap in consumer expectations—one that Shiplog aims to fill.
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 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.”
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