Shyplite - About the company
Shyplite is a funded company based in Delhi (India), founded in 2015 by Sugam Jain, Nisschal Jaain and Parinay Itkan. It operates as a Cloud-based shipping management solution for e-retailers. Shyplite has raised an undisclosed amount in funding. The company has 1166 active competitors, including 235 funded and 126 that have exited. Its top competitors include companies like Delhivery, Shiprocket and Shadowfax.
Company Details
ShypLite is a cloud-based shipping management solution for e-retailers. The solution offers a single-window shipping platform integrated with multiple carriers. Other features offered by the solution include single pricing across carriers, no subscription fee for the platform (charged based on items shipped), plugins to integrate the platform with the online store, an automated booking process, and detailed automated tracking capabilities. Tracking plugins are also offered along with the solution that integrated with the web-store lets customers receive real-time updated tracking information of their order. The solution is compatible with shipping carriers such as FedEx, Delhivery, Blue Dart, DTDC, GoJavas, Gati, and ExpressBees.
- Website
- shyplite.com
- Social
- Email ID
- *****@shyplite.com
- Registered Address
- WOLK, LOWER GROUND FLOOR, , 40-41, BAKSHI HOUSE, NEHRU PLACE, DELHI-110019, South Delhi, DELHI, Delhi, India, 110019
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
137th among 1166 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2022
Employee Count
23 as on May 31, 2026
Similar Companies
Legal entities associated with Shyplite
Shyplite is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIMBA LOGISTICS PRIVATE LIMITED CIN: U52600DL2013PTC247988 , India, Active | Feb 06, 2013 | ₹50 - ₹100 Cr (As on Mar 31, 2022) | 29 (As on Jun 01, 2022) |
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Shyplite's funding and investors
Shyplite has raised funding over 1 round. Its latest funding round was a Venture Debt round on Jun 09, 2021 for $*****. 1 investor participated in its latest round. Shyplite has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Shyplite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 09, 2021 | 3487235 | Venture Debt | 8355267 | 5270408 | 3353329 | 3063152 |
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Shyplite's founders and board of directors
Founder? Claim ProfileThe founders of Shyplite are Sugam Jain, Nisschal Jaain and Parinay Itkan. Sugam Jain is the CEO of Shyplite.
Here are the details of Shyplite's key team members:
- Sugam Jain: Co-Founder & CEO of Shyplite and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 phone number
- Nisschal Jaain: Former Co-Founder of Shyplite. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Parinay Itkan: Co-Founder & COO of Shyplite. They serve on the board of 1 company.Contact Info: 1 phone number
Shyplite's Board of Directors
Shyplite's board has 2 active members. Sugam Jain and Parinay Itkan are part of team.Here is the list of Shyplite's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 9m | |
pjdkndm | Team | - | Past | 4y 1m |
nbtdooo | Team | - | Past | 2y 2m |
e{xnead | Independent board member | - | Past | 9y 4m |
vxnbaxh | Independent board member | - | Past | 8y 9m |
g{j{ftp | Independent board member | - | Past | 4y 5m |
View details of Shyplite's Founder profiles and Board Members
Shyplite's employee count trend
Shyplite has 23 employees as of May 26. Here is Shyplite's employee count trend over the years:
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Shyplite's Competitors and alternates
Top competitors of Shyplite include Delhivery, Shiprocket and Shadowfax. Here is the list of Top 10 competitors of Shyplite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services | $1.25B | 87/100 | ||
2nd |  Shiprocket 2012, Gurugram (India), Series E | Provider of e-commerce shipping, fulfillment, marketing, and financial services | $322M | 85/100 | |
3rd | Logistics solutions for express deliveries | $247M | 83/100 | ||
4th |  LetsTransport 2015, Bengaluru (India), Acquired | Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery | $92.6M | 76/100 | |
5th | Tech company providing on demand delivery solutions | $2.28B | 74/100 | ||
6th | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 73/100 | |
7th | Provider of end-to-end logistics delivery services | $65M | 72/100 | ||
8th |  Shippo 2013, San Francisco (United States), Series E | Provider of web-based shipping solution for e-commerce businesses | $154M | 72/100 | |
9th | Provider of distribution and logistics services for multiple industry verticals | $123M | 72/100 | ||
10th |  Stord 2015, Atlanta (United States), Series F | Provider of cloud-based end-to-end logistics and supply chain management solutions | $777M | 71/100 | |
137th | Cloud-based shipping management solution for e-retailers | - | 45/100 |
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Shyplite's Investments and acquisitions
Shyplite has made no investments or acquisitions yet.
Reports related to Shyplite
Here is the latest report on Shyplite's sector:
News related to Shyplite
•
Gemmer Asset Management LLC Has $7.70 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)reporter.am•Dec 28, 2023•Shyp, Shyaway, Shyplite, Chat Place and 19 others
•
StoreHippo Partnered With Shyplite To Streamline Logistics ServicesAdgully•Sep 22, 2021•StoreHippo, Shyplite
•
Shyplite appoints Sachin Gupta as Chief Technology OfficerPeople Matters•Jun 18, 2021•Shyplite, ValueFirst
•
•
Investment firm N+1 Capital hits first close of its maiden fund for Indian startupsTech in Asia•Jun 01, 2021•N+1 Capital, Shyplite, Clensta, Teamonk
•
Dukaan partners with Dunzo and Shiprocket to integrate delivery into the platformBusiness Line•May 18, 2021•Dunzo, Shop, Shyplite, Shiprocket
•
Pitney Bowes and Shyplite Partner to Reinvent Office Shipping in IndiaBusiness Wire•Apr 09, 2019•Shyplite, Pitney Bowes
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