Business scaling up with first Indian mobile application which launched by online ShipNext company. “We truck and “We truck Partner” claim for long-haul logistics customers and be a great service provider.

Clive Jose is a founder of ShipNext, since 2016. It has a solid background in transport and Technology. It is Kochi-based entrepreneur, leading 2021 towards profit. After 795%growth increased after the launch operation in 2019. ShipNext board of directors in 2018, Jaijin Austin joined in and has been part of the firm’s Co-founder and Chief Technology Officer.

Group Meeran is a family investment office that manages the private investments of the Meeran family, it is based in Kerala. The eastern group of companies Promoters led the round as well. In a recent event online logistic platform, Shipnext solution raised Rs4.5 crore.

Clive Jose

In a recent event online logistic platform, Shipnext solution raised Rs4.5 crore.

Jose mentioned the company revenue increased by about Rs. 750 lakhs in 2021, hoping to double this amount. They are planning by the end of this year to achieve revenue of Rs. 1,400 lakhs. The company is focusing on opportunities to raise more funds.

“The System will perform exceedingly well if we collect more data. It will increase our benefit, and when our person is across multiple cities. In the future, they are aiming to be present in atleast 50-60 cities.

“We will utilize the funds majorly towards expansion in south India. We are now in three different states- Tamil Nadu, Kerala, and Karnataka but on a very aggressive level”. Jose said “this year, we will aggressively expand in Andhra Telangana, Karnataka, Tamil Nadu, and Kerala as well. Since technology is the key factor, we will put the majority of funds for the development and the technology” said Jose.

Transport

Since technology is the key factor, we will put the majority of funds for the development and the technology” said Jose.

ShipNext will allocate the funds raised towards technological advancements, data acquisition, expansion of its customer, partner base, and scaling up the business. Group Meeran Chairman, Navas Meeran said, “We are excited about our investment and partnership with ShipNext. As per a current report, the inter-city road logistics spend in India stood at $209 billion in 2021 and the road logistics market is expected to grow at 8 percent CAGR making it a $330 billion market by 2025. We believe there is potential to build more sustainable businesses in this highly competitive market. 

ShipNext will assign funds towards tech-advancements, data acquisition, customer expansion for their customer, partner base, and scaling up the business. ShipNext developed growth of over 3,500 annual orders on average and plans to increase to 50,000 orders in future years. ShipNext counts its customers among Reliance instruments, Alpha Packing, Abref, Eastea Chai, Renaizands, and stock area.

Digital Transformtaion

ShipNext counts its customers among Reliance instruments, Alpha Packing, Abref, Eastea Chai, Renaizands, and stock area.

Currently, Meeran Group investing in seed-stage start-ups around Rs 200 crore which holds the potential to create resilient businesses and boost the inclusive economy and construct a fair society. The group invested in successful start-ups such as Scoreline and CloudSEK. Especially in the business industries like real estate, food, logistics, and technology. Navas Meeran also, mentioned “we trust our investment in ShipNext accelerate growth and we are excited and proud to be partners with the team, who will transform the Indian logistics tech landscape.

ShipNext

Navas Meeran also, mentioned “we trust our investment in ShipNext accelerate growth and we are excited and proud to be partners with the team, who will transform the Indian logistics tech landscape.

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