Shipwaves Online wins international logistics technology contract valued at USD 58,000

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Image Courtesy: Shipwaves Online

Shipwaves Online Limited has secured an international order valued at USD 58,000 (approximately ₹52.6 lakh), marking another step in the company’s continued expansion across global logistics markets. Shipwaves develops cloud-based software platforms designed to manage complex logistics and supply chain operations. Its technology enables enterprises to plan, procure, execute, track and financially manage logistics activities through a single integrated system, helping organisations improve visibility, coordination and operational control across international trade workflows.

The company’s core platform digitises the full logistics lifecycle, covering order management, procurement and rate management, shipment planning and booking, document handling, and end-to-end shipment visibility. By replacing fragmented processes and manual interventions with a unified digital framework, the platform supports improved decision-making across multimodal supply chains, including cargo movement, documentation and financial reconciliation.

Founded in 2015, Shipwaves has established itself as a technology partner for logistics providers, manufacturers and shippers operating across multiple geographies. The company maintains offices in Mumbai, Mangalore, Dubai and other strategic locations, serving customers in India, the Middle East, Europe and the Far East. With reported revenues of ₹108 crore and a compound annual growth rate of 44.5%, Shipwaves continues to expand across industry sectors and international markets.

Advanced analytics, artificial intelligence and machine learning are embedded within Shipwaves’ platform to address practical challenges faced by logistics teams. One example is its automated freight bill auditing capability, which checks carrier invoices against contracted rates, surcharges, shipment milestones and service-level agreements. This process helps reduce billing discrepancies, limit revenue leakage and lower the manual workload associated with invoice verification.

Additional platform capabilities include rate benchmarking, shipment orchestration, predictive visibility and exception management, allowing users to respond more effectively to disruptions and manage costs. By integrating these tools directly into day-to-day logistics workflows, Shipwaves supports measurable improvements in efficiency, compliance and cost control.

A key focus for the company is supporting the digital modernisation of India’s trade and logistics ecosystem. Shipwaves’ platform integrates with enterprise systems as well as government and regulatory frameworks such as DGFT, ICEGATE, GSTN and ULIP. This connectivity supports the digitisation of compliance processes, trade documentation and cross-border workflows.

The company’s technology aligns with national initiatives including PM Gati Shakti, the National Logistics Policy and Digital India, contributing to the development of a more connected, technology-driven logistics environment. By providing a scalable digital backbone, Shipwaves enables Indian exporters and manufacturers to strengthen their global competitiveness.

Shipwaves serves customers across sectors including consumer goods, chemicals, petrochemicals, oil and gas, textiles, manufacturing, retail, pharmaceuticals and large global freight forwarding organisations. Through a combination of enterprise-grade SaaS solutions and collaboration with public and private stakeholders, the company continues to play a role in modernising supply chains across multiple regions.