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.
Last updated 4 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | S2B Logicare Private Limited |
|---|---|
| CIN | U63030MH2020PTC340689 |
| PAN | Not available in the public sources reviewed. |
| Status | Active (Private Limited Company) |
| Listing | Unlisted |
| Incorporated | 16 June 2020 |
| ROC | RoC-Mumbai II / Maharashtra |
| Sector (NIC) | Transport & logistics — "Other supporting transport activities" / "services incidental to land, water & air transportation" (NIC 63030-adjacent) |
| Registered address |
|
| Authorized capital | ₹1,00,000 (₹1 lakh) — confirmed by all three sources |
| 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
- 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
- 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 | 16 June 2020 |
| Aniket Ketan Nagda | 08163023 | - | 16 June 2020 |
| Abhijeet Kumar Singh | 09331635 | - | 25 July 2022 |
Financials
Partial / conflictingStandalone financials:
| 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 |
| Total debt/borrowings | FY24-25 ₹8,452K |
| Key ratios | Net profit margin 7.03%, RoE 7.53%, Debt/Equity 0.18, ROCE -2.41% |
A separate WebSearch-sourced snippet 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
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
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