Shyplite Risk Report

🛡️ Financial & Liquidity

Shyplite has shown positive strides in financial growth, evidenced by strategic investments. The company has secured additional funding and attracted investor interest, indicating solid confidence in its business model.

• Shyplite raised $1 million from N+1 Capital in a funding round 🗓 June 9, 2021.
• Shiprocket completed its acquisition of Shyplite 🗓 June 15, 2022, which suggests potential strategic growth and synergies.

⚖️ Legal & Regulatory

There are no significant legal or regulatory events related to Shyplite, indicating a stable compliance and regulatory environment for the company.

📜 Innovation & R&D

Shyplite has made substantial advancements in logistics innovation, reflecting a strong commitment to research and development. The launch of new service solutions highlights their focus on evolving logistical needs and market expansion.

• Shyplite launched its AI-based logistics platform, Shypmax 🗓 July 14, 2021, to streamline supply chain processes in India.
• In partnership with Pitney Bowes, Shyplite worked to reinvent office shipping in India 🗓 April 12, 2019, showcasing their innovative approach to logistics.