Bengaluru-based SaaS Startup eShipz Raises $700K In Funding
SaaS-based startup eShipz has raised $700,000 in a funding round led by Indian Angel Network. Existing investor Axilor Ventures also participated in the funding round.
As per the Bengaluru based SaaS startup, the raised funds will be used to enhance its tech capabilities and build stronger teams.
eShipz | Digital Shipping Platform for Creating best Pre & Post Shipping Experiences
Started by Shashi Shekhar Tripathi, Shivadeep Mahadi, and Ajaykumar Rajakumar, eShipz is a Bengaluru-based startup offering shipping automation to SMBs and large enterprises.
Incubated by Axilor, JioGenNext, SAP Startup Studio, and IIM-B NSRCEL, eShipz is a digital shipping platform that helps brands to create the best Pre & Post Shipping Experiences. The SaaS-based startup enables companies to grow their business by 5X with automation & cloud technology.
Talking about the platform, Shashi Tripathi said,
[Read: How Indian SaaS Industry Is Turning Out To Be The Next Big Thing]
“There are hardly any players in the market offering full-stack shipment solutions, which can fit into requirements of small SMBs to large corporates. Through eShipz, we are helping businesses in improving supply chain efficiency and reducing operational hassles and related costs.”
With an integrated dashboard, the startup helps companies manage orders from multiple sources and via multiple courier companies. The Bengaluru-based startup offers plug-and-play facilities for ERPs, marketplaces, and 90+ courier services.
The Bengaluru-based startup has its solutions deployed across India, and around 230+ enterprises and 2,000+ SMBs use the services offered by the Bengaluru-based SaaS startup for their dispatch management.
Nandan Venkatachalam, Deal Lead at Axilor, commented on the development and stated that eShipz is digitising a traditional supply chain that has low technology adoption.
“SMB digitisation is a core theme at Axilor and eShipz’ growth and scale is a great example of the opportunities in this space.”
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