Logistics tech co ShipEase raises $1-M from IPV

Gurugram-headquartered logistics company ShipEase has raised USD 1 million in a Pre-Series A Round led by Inflection Point Ventures. The funds will be used to expand the team, improve technology, develop new products, and build brands. ShipEase is a SaaS based logistics provider helping Direct-to-Consumer (D2C) brands and SME e-tailers make their supply chains efficient. The company offers automated shipping services and ships to over 28,000 pin codes with smart courier allocation. ShipEase was founded in 2020 by Pawan Kumar, Ajay K, and Lalit Singh.