COMPANY INTELLIGENCE PROFILE
Shipskart Marine Private Limited
Delhi-based B2B maritime procurement and ship-chandling marketplace (founded 2017) connecting vessels, ship managers and suppliers, with ~₹84.5 Cr FY2024 revenue and ~$3M venture funding.
Shipskart, established in 2017 and based in Delhi, operates a B2B maritime procurement marketplace. The company connects vessels, ship managers, and suppliers, with reported FY2024 revenue of approximately ₹84.5 crore. Shipskart has raised about $3 million in venture funding. It operates ship-chandling services with centers in Mumbai and Cochin, reaching around 500 partners globally across 40 countries. The company has no legal or credit issues recorded.
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Business Overview
- Shipskart operates a B2B online marketplace / e-procurement platform for the maritime industry, enabling vessels, vessel managers, ports and shipyards to source marine products, provisions, consumables, spares, equipment and services.
- It runs ship-chandling / fulfilment operations with centres reported in Mumbai and Cochin, and markets an AI-powered procurement platform.
- Reported reach of ~500 partners across ~40 countries, source: Inc42, company site.
- DPIIT-recognised startup, source: TheCompanyCheck.
Sector & Classification
General e-commerce platforms / online B2B marine procurement marketplace; trade sector. Business class "General E-Commerce Platforms" (source: TheCompanyCheck, Tracxn). Exact NIC code not obtained.
Directors & Key Management
Directors — source notes
Dhruv Sawhney — DIN 07647235 (co-founder/director, appointed 03 Feb 2017); Vivek Sahi — DIN 07647102 (director, appointed 03 Feb 2017); Sunny Bagla — DIN 02563959 (director, appointed 03 Feb 2017). (Source: Tofler for DINs; TheCompanyCheck for names/appointment.)
GST Registrations
not obtained — GSTIN/PAN locked behind premium on TheCompanyCheck and not available from any allowed individual-GSTIN source reached (KnowYourGST/FindGST/Mastersindia queries did not return a page for this entity). Home state expected Delhi (state code 07) given RoC-Delhi registration, but the actual GSTIN is not obtained; number of registrations not obtained.
Financials
Shipskart Marine Private Limited reported a revenue of approximately ₹84.51 crore in FY2024 with YoY growth of around 60-66%. The net profit margin stood at 5.26%, with a Debt-to-Equity ratio of 0.4. The company experienced a net worth decline of around 32.24%. Employee headcount was about 66 as of March 2024.
AI-generated, may contain errors.
- Standalone, unlisted private co.
- Latest available FY2024, year ended 31 Mar 2024: Operating/Total Revenue ~₹84.51 Cr, source: TheCompanyCheck.
- YoY revenue growth reported as ~60%, TheCompanyCheck, / ~66.11% (Tofler) — minor source conflict.
- Net profit margin ~5.26% and Debt-to-Equity ~0.4 (source: Tofler)
- Implied PAT roughly ₹4-4.5 Cr on that margin, derived, not a reported figure. Net worth: exact figure not obtained
- Tofler reports net-worth change ~-32.24% YoY. EBITDA and reported PAT/net-worth absolute figures are locked behind premium, TheCompanyCheck, — not obtained. EPFO headcount ~66 (Mar 2024).
Funding History
- Venture-backed.
- Total ~US$3.03M raised over ~4 rounds, source: Inc42/Crunchbase aggregators.
- Key rounds: Series A US$2.7M on ~16 Mar 2022, led by Trail Mix Ventures (TMV) and Hermes Offshore, with participation from Tradeworks.vc, Motion Ventures and Eternia Investments (source: Inc42)
- Pre-Series A ~US$225K in Sep 2020 (source: Inc42). ~80% of Series A earmarked for India operations. Valuation not disclosed., Round names cross-checked against Tracxn/PitchBook listings.
Loans & Charges
- Open charges ~₹4 Cr, latest charge dated 22 Apr 2025, charge-holder shown as "Others"
- Satisfied charges ~₹1.55 Cr, source: TheCompanyCheck. Specific lender/bank names not obtained.
Competitive Landscape
- Maritime e-procurement / ship-chandling peers, scale tags approximate: ShipServ, global marine e-marketplace, larger/established
- Marine Online / MOL-linked platforms, Singapore, larger
- Sinay and Alpha Ori Technologies, maritime-tech, adjacent, VC-backed
- Traditional Indian ship chandlers such as those ranked by Industry Outlook (SME scale). Peer set is inferred from sector listings, Tracxn maritime-tech, company site, — not a registry fact
- Exact revenue comparison not obtained.
Frequently Asked Questions
What does the company do?
Shipskart is a Delhi-based B2B maritime procurement and ship-chandling marketplace founded in 2017. It connects vessels, ship managers, and suppliers through an online platform for sourcing marine products, provisions, consumables, spares, equipment, and services.
What is the company's Corporate Identification Number (CIN)?
The company's Corporate Identification Number (CIN) is U35990DL2017PTC311403.
When was the company incorporated?
The company was incorporated on 03 February 2017.
Where is the company's registered office located?
The company's registered office is located at Kh No. 31/24/17/14 & 25, Harijan Basti, Palam Extension, Near Ramphal Chowk, Palam Village, South West Delhi, New Delhi 110045.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.