The SaaS Biz Powering Logistics Startups | Shipsy
Think of buying a TV. In the digital era, all it takes is one click, and voila! The TV is delivered to your doorstep!
But, behind the scenes is a complex supply chain management process- starting from importing components from multiple countries, assembling them in a factory, shipping the finished product to a warehouse, and finally delivering it to your door. And with rising eCommerce demands, businesses face tougher challenges in managing logistics operations.
Gurgaon-based startup Shipsy helps all parts of the logistics chain run operations efficiently and is ‘delivering’ terrific outcomes!
Soham Chokshi is an investment banker who’s worked with Deutsche Bank as an analyst. From wildly different personal influences of finance and medicine, his journey of venturing into the logistics domain is truly a fascinating one!
Shipsy functions like the operating system of logistics - helping companies run logistics operations efficiently and with minimal paperwork and information loss. It is the brain that directs all the organs of a logistics organization to work smoothly.
The company now serves the world's most popular pizza chain, a global Fortune 100 retailer, and a top 10-minute grocery delivery service, among many others!
From being inspired by Bloomberg to build a platform business to discovering product-market fit- Soham shares his story of building the leading logistics startup!
Other Ways to Listen:
Apple Podcast | Amazon Music | Google Podcast
Some of the things he shared:-
Starting off as aggregators for last minute
Pitch to investors
Tackling local nuances in building a global product
Creating a hierarchy of area codes
The 2 main customer segments- logistics and retail
Generating inbound leads
Additional readings:-
2. [Product Roadmap] With a focus on 3PL, how logistics startup Shipsy clocked 2.5X growth in revenue
3. Shipsy Launches Plug-and-Play Export-Import Logistics Platform
4. Shipsy Rebrands and Repositions in Shifting Logistics Market
5. Logistics startup Shipsy announces first ESOP buyback
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Until the next founder's thesis📕,
Your host, AD