Logistics

Logistics & vehicle tracking SaaS McEasy closes $6.5M Series A funding led by East Ventures

McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised $6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.

Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures

Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup,a cold chain fulfillment startup, announced Monday that it has secured $4.5 million of seed funding led by East Ventures. The round also saw the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y…

Southeast Asian logistics firm Deliveree raises $70M led by Gobi Partners and SPIL Ventures

Southeast Asian logistics firm Deliveree announced Monday the closing of its $70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings its total funds raised to $109 million over the past five years.

J&T Express partners Foodpanda to provide next-day deliveries in Singapore

Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…

Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.

Indonesia’s J&T Express invests $136M for logistics center in Malaysia

JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…

Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report

The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations for a US debut stalled.

Debunking 5 myths about digitalizing Indonesia’s logistics with Ritase CTO David Samuel

Indonesian logistics in the next five years can only get more interesting as the key principle driving us into the future is efficiency; How to be more efficient? How to be more productive? How to reduce human error? How to save more time and money? And importantly, how can we reduce our carbon footprint?

Indian logistics management firm Shipsy to set up regional HQ in Indonesia

Shipsy will be setting up its regional headquarters (HQ) in Indonesia to strengthen its presence in Southeast Asia (SEA). The regional HQ will enable the organization to provide faster, better and localized support to existing customers and drive new business growth in Singapore, Philippines, Malaysia, Thailand, Vietnam and Indonesia.