ShipEase, has raised $1 M in a Pre-Series A Round led by Inflection Point Ventures. The funds raised will be utilised to expand the team, improve the technology, develop new efficient products, and build new brands.
ShipEase is a SAAS-based logistics provider helping D2C brands and SME e-tailers to make their supply chain efficient. It has successfully designed a technology-enabled logistics solution that provides end-to-end automation for varied delivery requirements. It is serving a wide seller base of 2000+ clients with a business quantum of more than 3.5 Lakh monthly shipments. Also, the company operates on a double-digit positive EBITDA as per Jul’23 trends.
Pawan Kumar, Founder, ShipEase, says, “We would like to project ourselves as tech-savvy organisation for D2C community and offline brands right from managing the production, inventory control, supply chain followed by logistics. It has been a phenomenal experience so far with IPV for putting faith in us and believing in our team & vision.”