Not just product delivery, Shipsy will help SMEs reduce their export costs along with improving service levels
October, 2020: SMEs/MSMEs are considered to be the backbone of Indian economy and Indian MSMEs/SMEs have often faced unfair competition from foreign companies. Shipsy a SaaS based venture empowering shippers by offering solutions to their complex supply chain problems announced to extend its platform for free of cost to the SMEs/MSMEs in India under its “Network Module”. Having worked with some of the leading exporters and importers in the country, Shipsy has managed to create a network of verified Freight Forwarders, Customs Agents and Transporters who can serve the SME exporters. The platform will provide SMEs/MSMEs access to utilities to connect with these verified agents and get access to very competitive rates as well as much better service levels due to these vendors being verified by Shipsy. The platform offers a bouquet of services like Price Procurement, Documentations handling and container tracking, to improve on-time satisfactory delivery of goods which ups the customer delight and will benefit the SMEs/MSMEs brand name too.
Commenting on the development Soham Chokshi, Co-Founder & CEO at Shipsy, said “The MSME/SME segment has perhaps been the hardest hit segment in COVID19, and the segment is in a desperate need to expand their business by going international. With a vision and aim to scale up Indian MSMEs/SMEs and give a boost to Atmanirbhar Bharat, we have launched “Network Module” for MSMEs/SMEs to help the sector navigate through the challenges of exporting goods and most importantly help them become cost competitive in the global arena by reducing their freight costs. We have onboarded more than 5000 small enterprises for this. We aim to expand the offering to Pan India and plan to cover more than 20,000 enterprises by the end of this fiscal. Our offering is aligned with Atmanirbhar Bharat and Make in India initiatives, and it will enable the sector for long term sustainability, profitability and will address the needs of the SMEs/MSMEs. There are around 36 million SMEs operating in the country, generating 80 million employment opportunities and contributing 8% to India’s GDP. We are currently processing 1.5 million transactions through our platform on daily basis and processes over 10% of India’s total containerised export and import volume.
Last year Shipsy launched its EXIM vertical with an aim to build the operating system of global trade and on-boarded the largest enterprises of India from petrochemical, steel manufacturers, Agro exporters, Textile exporters. Shipsy currently works with 5 of the top exporters/importers in India and during the course Shipsy on-boarded the best vendors on its platform.
