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Mumbai-based Shipler plans to raise $2.5mn: Report

By Religare

Shipler, a mobile-based platform for booking tempos anytime and anywhere in Mumbai, is planning to raise fund in the next two-three months to expand business across India.

As per Business Standard report, the Mumbai-based firm is in advanced talks with venture capital firms to raise around USD 2.5 million, which will be used to extend its reach to 25 cities.

Started by an alumini of IITians Kaustub, Vinay Julme, Kartik Kacholia, Pratibha Pathania, and Sudheer Jhajharia, the company had received 100 orders daily in the last two months.


The company has a huge client base, such as Future Supply Chain, Snapdeal and iDelivery. Shipler competes with Porter, Moovo, Shippr, Zaicus, Blowhorn and others, Business Standard reported.

Story first published: Monday, July 27, 2015, 12:40 [IST]
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