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ShipEase raise $1 million to strengthen its product offerings

by Kalpana Pandey
September 1, 2023
in News, Asia
Reading Time: 1 min read
A A
Shipease

ShipEase is in the process of expanding its team, improving technology, developing new efficient products and brand building. To fund these developments the logistics company has raised $1 million in a Pre-Series A Round led by Inflection Point Ventures.

ShipEase is a SAAS based logistics provider helping Direct-to-Consumer (D2C) brands and SME e-tailers to make their supply chain efficient. The company offers automated shipping services and seamlessly ships to over 28,000 pin codes with smart courier allocation.

ShipEase was founded in 2020 by Pawan Kumar, Ajay K, and Lalit Singh.

“Logistics play a pivotal role specially for D2C brands as managing supply chain is one of the biggest cost heads,” Vikram Ramasubramanian, Partner, Inflection Point Ventures,said.

“For new and emerging brands, to build their own supply chain pan India, is a multi-crore commitment. However, ShipEase’s platform and their tech approach can help brands reach their customers faster while keeping logistics costs low,” he added.

While timely and safe goods movement for high value products is a high priority for companies, what makes the shipments more secure is tech solution features including tracking the products, NDR management and so on. ShipEase has designed a technology-enabled logistics solution which provides end-to-end automation for varied delivery requirements.

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