Shipsy Acquires Warehouse Management Startup Stockone

In order to broaden its offering, Shipsy, a well-known provider of transportation Software as a Service (SaaS), has successfully acquired Stockone, a manufacturer based on the cloud warehouse management systems (WMS) and management of inventory solutions.

Shipsy's dedication to offering enterprise clients across a range of industries an extensive end-to-end transportation technology system is further strengthened by this strategic acquisition.

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"With more than 220 enterprise customers, Shipsy processes around 150 million shipments monthly, and tracks 650,000+ containers every month, and the recent addition of the new WMS and inventory management capabilities come as a strategic extension to the existing product suite capabilities, perfectly complementing Shipsy's core offerings. It strategically aligns with our vision to provide scalable, efficient, and automated end-to-end logistics management solutions to our customers, covering warehousing, transportation, order fulfillment, and operational management," said Soham Chokshi, CEO and Co-Founder of Shipsy.

Shipsy's acquisition of Stockone solidifies its position as a pioneer in the field of logistics technology and paves the way for operational streamlining for the quickly changing needs of contemporary trade. This aligns with the worldwide trend of environmentally conscious and productive logistics solutions, and allows companies to cater to clients who value sustainability and operational effectiveness above everything.

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Rajan Ekambaram, CEO and Co-Founder of Stockone stated, "Combining WMS, TMS, and end-to-end supply chain execution capabilities ensures seamless experiences and creates significant value for enterprise customers. We aim to optimize costs, improve service levels, and automate operations for businesses."

About Shipsy

Logistics software as a service (SaaS) company Shipsy is transforming how companies run their logistics departments. Shipsy's innovative solutions, which prioritize innovation, efficiency, and customer pleasure, enable organizations to optimize costs, improve client experiences, and automate processes with ease.

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About Stockone

Stockone is a cloud-based Warehouse/Inventory Management System, that works with leading brands in the Retail and E-commerce industry. They are a SaaS-based platform with a mobile-first approach.