Company Intelligence Profile
S2B Logicare Private Limited
S2B Logicare Private Limited is a small, bootstrapped Thane-based logistics-tech company operating the "Bicree" SaaS logistics-aggregation platform and the "Parcel Picks" shipment-tracking brand for Indian D2C/e-commerce sellers.
CIN: U63030MH2020PTC340689Active (Private Limited Company)RoC-Mumbai II / Maharashtra (sources phrase it "RoC Mumbai" / "RoC-Mumbai II" / "Maharashtra" — same registrar, minor phrasing differences across Tofler/Falconebiz/TheCompanyCheck)Confidence: Medium — CIN/name/incorporation/capital/directors are well-confirmed across 3 independent sources
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | S2B Logicare Private Limited |
|---|---|
| CIN | U63030MH2020PTC340689 |
| PAN | Not obtained (Tofler and Falconebiz both explicitly state PAN not available) |
| Status | Active (Private Limited Company) |
| Listing | Unlisted (per Falconebiz) |
| Incorporated | 16 June 2020 (confirmed — TheCompanyCheck, Tofler, Falconebiz all agree) |
| ROC | RoC-Mumbai II / Maharashtra (sources phrase it "RoC Mumbai" / "RoC-Mumbai II" / "Maharashtra" — same registrar, minor phrasing differences across Tofler/Falconebiz/TheCompanyCheck) |
| Sector (NIC) | Transport & logistics — "Other supporting transport activities" / "services incidental to land, water & air transportation" (NIC 63030-adjacent); Tracxn broadly tags it "Transportation and storage — Land transport and transport via pipelines". Confirmed across 3 sources. |
| Registered address | Flat No 1701, Floor 17, Wing T11, Eirena Towers Brizo Runwal, Balkum University Road (Opp. Runwal Garden), Shrirangnagar, Thane, Maharashtra 400608 — confirmed by TheCompanyCheck, Falconebiz and WebSearch snippet. NOTE: Tofler shows a different/older address — "Unit no. 6, New Moddela Ind., Padwal Nagar, Wagle Estate, Thane 400604" — likely a prior registered office before change; flag as a minor source conflict (address change over time). |
| Authorized capital | ₹1,00,000 (₹1 lakh) — confirmed by all three sources (TheCompanyCheck, Tofler, Falconebiz) |
| Paid-up capital | ₹45,000 — confirmed by all three sources |
Business Overview
Confirmed- S2B Logicare Private Limited is the legal/holding entity behind two logistics-tech brands: (1) "Bicree" — launched 2020, a SaaS-based logistics aggregator/3PL platform that lets D2C and B2B e-commerce brands connect multiple courier partners, sync orders, and get an AI/Power-BI powered dashboard for shipment cost optimization (per Bicree's own historical site copy, archived Mar 2025, and Inc42/Tracxn profiles)
- company site copy states its earlier avatar began in 2018 as a D2C brand, then a digital marketing agency, before pivoting into logistics aggregation as "Bicree." (2) "Parcel Picks" — a newer (2024) shipment-tracking/analytics product
- Both brands are described as bootstrapped/self-funded with no external investors (Inc42, Tracxn)
- Confirmed via Tracxn, Inc42, and archived bicree.com content
Directors
ConfirmedConfirmed (Falconebiz + Tofler agree on DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Pranay Abhay Thakkar | 08298469 | director since incorporation, 16 June 2020 | - |
| Aniket Ketan Nagda | 08163023 | per Falconebiz appointed 16 June 2020 founding director; Tracxn separately shows an appointment dated 16 Dec 2024, and TheCompanyCheck shows "appointed 29 June 2024"; likely reflects a re-appointment/DIN-update event rather than first appointment; treat original appointment 2020 as more reliable since 2 of 3 sources Falconebiz, and Bicree/Inc42 founder bios place him as a 2020 co-founder. | 16 June 2020 |
| Abhijeet Kumar Singh | 09331635 | appointed 25 July 2022 confirmed, all 3 sources agree | 25 July 2022 |
Financials
Partial / conflictingStandalone financials (Tracxn, FY-wise, in ₹ thousand):
| Revenue | FY20-21 ₹3,255K; FY21-22 ₹7,537K; FY22-23 ₹6,371K; FY23-24 ₹6,536K; FY24-25 ₹7,029K (~₹0.70 Cr) |
|---|---|
| EBITDA | FY23-24 ₹8,319K; FY24-25 ₹8,013K |
| PAT | FY22-23 ₹9,368K; FY23-24 ₹9,874K; FY24-25 ₹4,542K |
| Net worth | FY24-25 ₹4,138K (down 7.96% YoY per Tofler) |
| Total debt/borrowings | FY24-25 ₹8,452K (Tofler shows borrowings up 47.15% YoY) |
| Key ratios (FY24-25, Tofler) | Net profit margin 7.03%, RoE 7.53%, Debt/Equity 0.18, ROCE -2.41% |
SOURCE CONFLICT: A separate WebSearch-sourced snippet (apparently Tofler-derived) states FY24-25 revenue as "₹1.38 Cr," which is roughly double the ₹0.70 Cr figure shown in Tracxn's detailed line items above — flagging this discrepancy rather than resolving it; treat both as partial/unconfirmed pending a primary MCA filing check. No standalone-vs-consolidated distinction was specified in any source (company has no visible subsidiaries, so standalone is assumed).
Funding
Confirmed- No external funding raised
- Both Bicree and Parcel Picks brands are explicitly tagged "unfunded"/bootstrapped by Tracxn and Inc42
- No investor names or round data found (correctly excluded, since only Tracxn round-name data is permitted for funding and none exists here)
Charges / Loans
ConfirmedNo charges or secured borrowings are registered against this company's assets.
Competitors
Partial / conflicting- Bicree/Parcel Picks compete in the India logistics-aggregation/SaaS-3PL space against much larger, funded players: Shiprocket (large-scale, funded shipping-aggregator SaaS), Delhivery (large, listed, full-stack logistics), Shadowfax (large, funded last-mile logistics), and smaller aggregator peers such as Pickrr and NimbusPost
- Tracxn ranks Bicree far down its competitor list (score 25/100, rank ~333) reflecting its very small scale versus these peers
- Scale tag: S2B Logicare is a micro-cap, single-digit-crore-revenue bootstrapped player versus VC-funded, much larger-scale competitors
Frequently Asked Questions
What does S2B Logicare Private Limited do?
S2B Logicare Private Limited is a small, bootstrapped Thane-based logistics-tech company operating the "Bicree" SaaS logistics-aggregation platform and the "Parcel Picks" shipment-tracking brand for Indian D2C/e-commerce sellers.
What is the CIN of S2B Logicare Private Limited?
The Corporate Identification Number (CIN) of S2B Logicare Private Limited is U63030MH2020PTC340689.
Where is S2B Logicare Private Limited registered?
S2B Logicare Private Limited is registered with RoC-Mumbai II / Maharashtra (sources phrase it "RoC Mumbai" / "RoC-Mumbai II" / "Maharashtra" — same registrar, minor phrasing differences across Tofler/Falconebiz/TheCompanyCheck). Registered address: Flat No 1701, Floor 17, Wing T11, Eirena Towers Brizo Runwal, Balkum University Road (Opp.
When was S2B Logicare Private Limited incorporated?
S2B Logicare Private Limited was incorporated on 16 June 2020 (confirmed — TheCompanyCheck, Tofler, Falconebiz all agree).
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