COMPANY INTELLIGENCE PROFILE
iThink Logistics
Mumbai-based multi-courier aggregator (registered as Ithink Logistic Quick Services Pvt Ltd, CIN U64100MH2021PTC358887) that lets Indian e-commerce sellers ship via multiple logistics partners through one platform.
iThink Logistics, officially Ithink Logistic Quick Services Pvt Ltd, is a Mumbai-based multi-courier aggregator, incorporated on April 13, 2021. The firm provides a platform for Indian e-commerce sellers to ship with various logistics partners through a single interface. For the fiscal year ending March 31, 2025, it reported a revenue of ₹88.44 crore. The company claims 37,000 active customers and processes over 40,000 daily shipments.
AI-generated, may contain errors.
Business Overview
- IThink Logistics, registered entity: Ithink Logistic Quick Services Pvt Ltd, is a Mumbai-headquartered multi-courier aggregator platform for Indian e-commerce sellers, giving access to multiple logistics/courier partners through a single dashboard/API with an AI-driven courier-recommendation engine.
- Services include domestic and international (180-country) shipping, same-day/next-day delivery, bulk shipping, NDR (non-delivery) resolution within 24 hours, weekly/next-day COD remittance, and native integrations with Shopify, Amazon, eBay, WordPress/WooCommerce, Magento and OpenCart.
- Claims 37,000+ active customers, 40,000+ daily shipments and 29,000+ serviceable Indian pincodes.
- Additional offices in Surat, Delhi, Jaipur and Bengaluru besides the Malad (Mumbai) corporate office.
- Source: official site ithinklogistics.com, not independently corroborated by a third-party source this session.
Sector & Classification
Transport and storage (NIC Section H) — "Services incidental to land, water & air transportation / Logistic management services" (Tofler business-activity code H5). Tofler separately tags broad sector as "Post and Telecommunications" while TheCompanyCheck tags "Transport and Logistics / Express Logistics" — minor source conflict on sector label, activity description agrees.
Directors & Key Management
Directors — source notes
5 directors per Tofler and TheCompanyCheck (names agree across both sources; DINs sourced only from Tofler, not cross-verified by a second source — treat DINs as partial/unconfirmed): - Paresh Bhupatbhai Parmar — DIN 08587467 - Nikul Jaysukhbhai Dodiya — DIN 07716842 - Vipul Maheshbhai Yadav — DIN 03638072 - Bharatkumar Ambavi Karotra — DIN 06777822 - Zaiba Umer Sarang — DIN 07558860 All appointed 13 Apr 2021 (TheCompanyCheck); Tofler lists all five as "Director/Shareholder" (tenure ~5 years) but gives no shareholding %.
GST Registrations
Not obtained. Primary GSTIN, state-wise registration count and filing status are paywalled on Tofler ("GST Compliance... requires an active report plan") and TheCompanyCheck; direct lookups on knowyourgst.com, mastersindia.co and findgst.in by PAN AAGCI1069J returned no usable results (404/no data) this session. Home state is very likely Maharashtra given the registered address, but no GSTIN number itself could be confirmed — do not fabricate a GSTIN.
Financials
iThink Logistics reported a 4% revenue increase to ₹88.44 Cr for FY ending March 2025. EBITDA rose 497.31% and net profit surged 1459.1%, with borrowings down 58.86%. The employee count grew by 5.23% to 161.
AI-generated, may contain errors.
| FY ended | 31 Mar 2025, standalone, private company — no indication of consolidation: |
| Revenue | ₹88.44 Cr, up ~4.00% YoY, TheCompanyCheck, — broadly consistent with Tofler's stated revenue band of ₹75–100 Cr and total-revenue growth of 3.68% YoY. |
| Tofler additionally reports, % changes only, absolute figures paywalled: EBITDA change +497.31% YoY, Net Profit change +1459.1% YoY, Borrowings change -58.86% YoY, Assets change -37.02% YoY | |
| Margins — Gross 4.66%, Operating 3.06%, Net 2.27%, implies FY25 EBITDA roughly ₹2.5-2.9 Cr and PAT roughly ₹1.9-2.1 Cr if applied to the ₹88.44 Cr revenue figure — this is a derived estimate, not a disclosed absolute number. | |
| Net worth | not obtained, paywalled on both sources. |
| EPFO employee count | 161 as of Dec 2024, +5.23% YoY, TheCompanyCheck. |
| Status | partial — revenue figure confirmed by two sources; EBITDA/PAT/net worth absolute values not obtained. |
Funding History
- No external equity funding round was located in the sources actually fetched this session, Tracxn was not queried per instructions to use it only for round names, and Entrackr/Inc42 searches could not be run because the session's WebSearch budget was exhausted mid-task.
- Only a secured-debt relationship is documented: Profectus Capital Private Limited (an NBFC) holds a charge against the company.
- Treat funding as "none found in sources checked," not as confirmation the company never raised equity — this is a data gap, see data_gaps.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Both agree on a | ₹2 Cr | charge dated 02 Aug 2024 |
| not treat total exposure as settled at either | ₹2 Cr | or ₹4 Cr without a fresh MCA-linked source |
- Sources conflict on exact count/amount:
- Tofler: 1 open charge — ₹2.0 Cr, charge-holder Profectus Capital Private Limited, created 02 Aug 2024.
- TheCompanyCheck: 2 charge records, both lender type "Others", total ₹4 Cr open, ₹0 satisfied — ₹2 Cr registered 24 Jun 2025 and ₹2 Cr registered 02 Aug 2024.
- The second ₹2 Cr charge, 24 Jun 2025, lender name not disclosed by TheCompanyCheck, is unconfirmed by Tofler as of its last-fetched snapshot.
Legal & Compliance
- Indian Kanoon search for "Ithink Logistic Quick Services" returned 0 matching results, checked, not just unfetched, — no publicly indexed litigation found under this exact entity name.
Competitive Landscape
- Multi-courier aggregator / shipping-tech peers serving Indian e-commerce sellers, based on general industry knowledge — not individually source-verified this session, flagged as such:
- Shiprocket — largest player in the category, well-funded/unicorn-scale, includes Pickrr under the same group.
- Shipway — mid-scale shipping/tracking-and-aggregation platform, roughly comparable scale to iThink.
- ClickPost — mid-scale logistics-orchestration/aggregator platform.
- Shyplite (Kartrocket) — smaller/mid-scale multi-courier aggregator.
- NimbusPost — smaller/mid-scale multi-courier aggregator, similar target segment, D2C/SME sellers.
- Confidence: low-medium — sourced from general knowledge rather than a fetched competitor-analysis page this session.
Frequently Asked Questions
What does Ithink Logistic Quick Services Pvt Ltd do?
Ithink Logistic Quick Services Pvt Ltd is a Mumbai-based multi-courier aggregator platform for Indian e-commerce sellers. It provides access to multiple logistics partners through a single platform, with services such as domestic and international shipping, same-day/next-day delivery, bulk shipping, and more.
What is the CIN of Ithink Logistic Quick Services Pvt Ltd?
The Corporate Identification Number (CIN) of Ithink Logistic Quick Services Pvt Ltd is U64100MH2021PTC358887.
When was Ithink Logistic Quick Services Pvt Ltd incorporated?
Ithink Logistic Quick Services Pvt Ltd was incorporated on 13 April 2021.
Where is the registered office of Ithink Logistic Quick Services Pvt Ltd located?
The registered office of Ithink Logistic Quick Services Pvt Ltd is located at 101-201, CTS No-100, Village Malad, Jn. of S.V. Road & Shantilal Modi Road, S.V. Road, Kandivali (West), Mumbai, Mumbai City, Maharashtra - 400067.
Sources
Tofler (https://www.tofler.in/ithink-logistic-quick-services-private-limited/company/U64100MH2021PTC358887); TheCompanyCheck (https://www.thecompanycheck.com/company/ithink-logistic-quick-services-private-limited/U64100MH2021PTC358887); Falconebiz search-result snippet only, page itself did not load company detail (https://www.falconebiz.com/company/ITHINK-LOGISTIC-QUICK-SERVICES-PRIVATE-LIMITED-U64100MH2021PTC358887); Indian Kanoon search (https://indiankanoon.org/search/?formInput=%22ithink%20logistic%20quick%20services%22 — 0 results); official website (https://ithinklogistics.com/). knowyourgst.com, mastersindia.co, findgst.in attempted for GSTIN lookup — no usable data returned (404/generic pages).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.