Kolkata Man Turns Side Hustle into Logistics Biz Worth Crores
The COVID-19 pandemic brought about unprecedented challenges to the global economy, forcing many to rethink their business strategies and adapt to the new normal. For Kolkata-based entrepreneur Maloy Das, the lockdown period presented an opportunity to transform his side hustle into a thriving logistics business.
Launched in 2020, Shippin is a bootstrapped logistics startup that has successfully carved out a niche for itself in East and Northeast India. The startup has partnered with prominent e-commerce players like JioMart and Spencer’s, among others, to deliver goods to customers across various cities.
Maloy and his wife Annie Das, who are the co-founders of Shippin, had always been keen on entrepreneurship. Before venturing into logistics, they explored various business ideas, including food delivery and e-commerce platforms. However, the pandemic-induced lockdown changed their perspective, and they decided to focus on a logistics startup.
“We started Shippin during the lockdown as a side hustle to deliver essentials to our friends and family. The initial response was overwhelming, and we realized there was a huge demand for reliable logistics services in Tier-2 and Tier-3 cities,” says Maloy Das, co-founder of Shippin.
The couple’s entrepreneurial spirit and adaptability enabled them to swiftly scale their operations. They assembled a team of experienced logistics professionals and invested in building a robust network of delivery partners across East and Northeast India.
Shippin’s success can be attributed to its focus on providing a seamless delivery experience to customers. The startup uses a combination of technology and human touch to ensure that orders are delivered on time. Maloy and Annie Das have also implemented a robust customer service system, which has helped the startup build a loyal customer base.
“We understand that logistics is a critical component of e-commerce. Our goal is to provide a reliable and efficient delivery experience to customers. We have built a strong network of delivery partners and invest heavily in technology to ensure that our operations are seamless and efficient,” says Maloy Das.
Shippin’s growth has been impressive, with the startup recording a revenue of ₹3.62 crore in FY23. The company is targeting a revenue of ₹15 crore by FY26 and plans to expand its operations to other regions in India.
The startup’s success is not limited to its financial performance. Shippin has also created a significant number of jobs in the logistics sector, providing employment opportunities to hundreds of people across East and Northeast India.
“Shippin’s growth is a testament to the entrepreneurial spirit and adaptability of our founders. The startup’s focus on providing a reliable delivery experience to customers has enabled it to carve out a niche for itself in a competitive market,” says a industry expert.
Shippin’s success is a beacon of hope for entrepreneurs in Tier-2 and Tier-3 cities, who often face challenges in scaling their businesses. The startup’s story serves as a reminder that with the right blend of entrepreneurial spirit, adaptability, and hard work, even the most ambitious business goals can be achieved.
As Shippin continues to grow and expand its operations, it is likely to transform the logistics landscape in India’s Tier-2 and Tier-3 cities. The startup’s success is a testament to the power of entrepreneurship and the potential for innovation in even the most challenging environments.
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