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Startup Atlas · Enterprise AI

Shipsy

Llama Logisol Private Limited Gurugram, Haryana Founded 2015 shipsy.ai ↗
Soham Chokshi · CEO & Co-Founder Dhruv Agrawal · Co-Founder Himanshu Gupta · Co-Founder Sahil Arora · Co-Founder Harsh Kumar · Co-Founder
$32 MnTotal funding (tracked)
4Funding rounds
24 Feb 2022Last round

Shipsy: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

AI that runs logistics, not just reports on it

Shipsy positions itself as a shift from 'Systems of Record' (platforms that report) to 'Systems of Action' (platforms that decide) — enterprise TMS/WMS powered by AI agents that plan, execute, track and settle across the operation.

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Scale that decouples from headcount

Shipsy's pitch is that 10x shipment volume doesn't require a 10x operations team, since AI agents absorb repeatable work while humans focus on exceptions and strategy.

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Measurable cost and productivity outcomes23% avg cost reduction

Shipsy advertises a 23% average cost reduction across transportation spend, 20%+ driver productivity lift, 70% reduction in 'where is my order' contacts, and up to $27M in documented annual savings for a single operator.

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Outcomes-as-a-service accountability

Shipsy frames its engagement model as embedding with customers (diagnose, quantify ROI, then deploy and scale) rather than selling software and leaving, with phased rollout on the live platform instead of a throwaway pilot.

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Purpose-built AI agent fleet (AgentFleet)

Four named AI agents — Clara (voice-first customer experience), Astra (driver operations), Nexa (financial/settlement operations) and Vera (dispute resolution) — handle specific operational functions with governance, RBAC and audit trails.

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Customer Segments

Post & parcel carriers and national postal operatorsincl. operators processing 74M+ parcels

National postal operators processing tens of millions of parcels, alongside courier/express networks, are named as a core segment on Shipsy's own customers page.

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Freight forwarders

Freight forwarding companies managing multi-modal, cross-border shipments are listed as a target industry on Shipsy's site.

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Omnichannel retail and quick commerce

Retail and quick-commerce/grocery operators use Shipsy for last-mile and delivery orchestration; Shipsy lists Retail and Quick Commerce as target industries.

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FMCG / consumer goods and automotive manufacturerse.g. The Coca-Cola Company, Heineken

Global FMCG brands running complex multi-modal supply chains, plus automotive and process manufacturing companies, are named as target industries.

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Global enterprise logistics operators

Named enterprise customers include The Coca-Cola Company, Heineken, Aramex, Nippon Express and Decathlon, spanning Europe, the UK, Australia, the Middle East, the Americas and India.

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250+ enterprise customers across 30+ countries250+ customers, 30+ countries

Shipsy states it serves 250+ enterprise customers across 30+ countries, processing 5 billion+ shipments annually through 240+ carrier integrations.

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Customer Relationships

Embedded, co-create delivery model

Shipsy describes its relationship model as: "We don't sell software and leave. We embed, co-create, and stay accountable to measurable outcomes," via a Diagnose → Quantify → Deploy & Scale process.

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Dedicated customer success and 24/7 support

Shipsy's FAQ states ongoing support includes dedicated customer success managers, 24/7 technical support, quarterly business reviews, and continuous platform optimisation.

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High account expansion / retention focus

Shipsy reported enterprise net revenue retention of 158% and said average new enterprise contract values rose more than fourfold, from around $71,000 to nearly $300,000, indicating a relationship model built around land-and-expand.

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Channels

Direct enterprise sales with diagnostic assessments

Shipsy's site drives visitors to 'Request a Demo,' and describes a sales motion that starts with a time-and-motion diagnostic study and a CFO-ready ROI case before any deployment.

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Customer testimonial videos and case studies

Shipsy publishes on-camera, unscripted customer video testimonials (e.g. Teleport, Maldives Post, GMG, Wellness Forever) and written case studies/insights content as a trust-building channel.

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Industry events and executive roundtablesCXO Roundtable, Johannesburg

Shipsy runs invite-only executive events, e.g. a 'Limitless CXO Roundtable' in Johannesburg (5 August 2026) on agentic AI in logistics.

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Partner program for resellers/integrators

Shipsy's website references a partner program for resellers and integrators as part of its go-to-market alongside direct sales.

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Analyst recognition as a channel

Shipsy promotes its inclusion in the Gartner Magic Quadrant for TMS (3rd consecutive year) as a credibility/visibility channel on its homepage.

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Key Activities

AI/ML product development

Continuous development of AgentFleet's AI agents (Clara, Astra, Nexa, Vera) and the underlying TMS/WMS platform, including pre-launch testing of agents against 500+ simulated conversations scored by an LLM-as-judge before go-live.

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Phased enterprise deployment and diagnostics

Shipsy runs a structured onboarding motion: a time-and-motion diagnostic study, a CFO-ready ROI case, then phased deployment and scaling on the live platform; most enterprise deployments go live within 8–12 weeks.

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Operating a global logistics platform at scale

Shipsy operates infrastructure processing 5 billion+ shipments annually across 30+ countries for 250+ enterprise customers.

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Key Resources

AgentFleet AI agent platform

A fleet of purpose-built AI agents — Clara, Astra, Nexa, Vera — that Shipsy describes as its core AI workforce, each handling a distinct operational role (CX, driver ops, financial ops, disputes).

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Proprietary TMS/WMS platform and carrier network240+ carrier integrations

Shipsy's transportation and warehouse management platform integrates with 240+ carrier partners and has processed 5 billion+ shipments annually, per its own site.

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Analyst recognition / brand credibility

Shipsy states it has been recognised in the Gartner Magic Quadrant for TMS for three consecutive years, which it uses as a key market-credibility asset.

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Key Partnerships

Venture and strategic investors

Shipsy's cap table includes DTDC Express (2016 stake purchase), Sequoia Capital India's Surge and Info Edge (Series A and continuing Series B investors), and Series B co-leads A91 Partners and Z3 Partners.

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Strategic enterprise partnerships

Aramex signed a Master Services Agreement with Shipsy in April 2025 to power Aramex Same Day Delivery and trial Shipsy's Workforce and Territory Optimization solution — an example of a customer relationship structured as a deeper technology partnership.

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Carrier network partners

Shipsy's platform integrates with 240+ carrier partners as part of its Multi-Carrier Management offering.

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Revenue Streams

Enterprise SaaS subscription revenue$25M+ ARR

Shipsy monetizes its TMS/WMS platform and AgentFleet AI agents via enterprise contracts; the company crossed $25 million in Annual Recurring Revenue (ARR) as of the May 2026 announcement, more than doubling in just over a year.

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Expansion revenue from existing accounts

Shipsy reported enterprise net revenue retention of 158% and said average new contract values increased more than fourfold, from around $71,000 to nearly $300,000, indicating growing revenue per account over time.

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Cost Structure

Technology and operating expenses outpacing revenue₹85.8 Cr total expenses, FY24

Shipsy's legal entity Llama Logisol Private Limited reported total expenses of ₹85.8 Cr against revenue of ₹60.5 Cr in FY24 (FY23-24), resulting in a net loss of ₹19.9 Cr and a -32.9% net profit margin, consistent with continued investment in R&D and go-to-market ahead of profitability.

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R&D-heavy early cost base

In a 2016 profile, Shipsy's founders indicated the company was generating revenue but prioritising R&D spending ahead of profits, with a 25-person team at the time including engineers from IIT Madras and Delhi.

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FAQs on Shipsy

What is Shipsy's business model?

Shipsy's core value proposition centers on AI that runs logistics, not just reports on it, Scale that decouples from headcount, Measurable cost and productivity outcomes, Outcomes-as-a-service accountability.

How does Shipsy make money?

Shipsy's cited revenue streams include Enterprise SaaS subscription revenue, Expansion revenue from existing accounts.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.prnewswire.com www.dealstreetasia.com · Last verified 17 Jul 2026. · Report a correction