What we do Shipwaves Online Ltd is a digital freight forwarder and Enterprise SaaS provider offering end-to-end logistics solutions for global shipment management and supply chain visibility. |
Founded in 2,015 |
Market share Emerging player in India's logistics industry, leveraging technology for competitive freight forwarding and supply chain solutions. |
Problem solved Simplifies global logistics with real-time tracking and flexible multi-modal transport options, reducing costs and operational complexity. |
Top clients or who we serve Serves B2B clients including manufacturers, retailers, and enterprises seeking integrated shipping and supply chain management. |
Key management - |
Our journey and innovations Incorporated in 2015, converted to public limited in 2022, IPO raised Rs 56.35 crore in 2025, focusing on digital freight and SaaS innovations. |
Where we operate Primarily India with global shipment capabilities through a digital platform integrating ocean, air, and land transport. |
Top products or what we offer Digital Freight Forwarding and Enterprise SaaS platforms offering shipment tracking, supply chain analytics, and inventory management. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue stems from recurring SaaS subscriptions and freight service transactions, combining stable and cyclical elements. |
Our industry position Positioned as a technology-driven logistics firm growing revenue and profits, gaining market presence in digital freight forwarding. |
Financial highlights FY2023 revenue Rs. 108.28 crore; net profit Rs. 10.84 crore; substantial profit growth from prior years indicating scaling business. |
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Order book - |
Whats driving growth Growth driven by digital transformation in logistics, increased demand for transparency, and expansion in supply chain tech solutions. |
Our future plans Focus on scaling platform capabilities, expanding market reach, and developing new SaaS modules to enhance supply chain efficiency. |
Our green promise - |
Our people and values Committed to a safe, inclusive workplace with proactive policies such as harassment prevention and compliance with statutory standards. |
Key challenges ahead Challenges include scaling operations, technology adoption competition, and maintaining service quality amid rapid growth. |
Interesting facts Successfully transitioned from private to public company, raised significant IPO funding, and developed an integrated logistics platform. |
Risks and strategy Managing regulatory compliance, technological upgrades, and market competition through continuous innovation and operational excellence. |
