Shyplite, a Delhi-based AI-powered logistics platform that enables businesses to automate their logistics and increase shipping efficiency by providing a single-window platform integrated with multiple carriers, has raised $1 million from revenue-based growth capital firm N+1 capital.
Delhi-based Shyplite said it will utilise the funds to support its expansion plans to enter new segments like fulfilment centres and hyperlocal deliveries to become an end-to-end logistics player and add more experts on board.