20-Mar-19, KrAsia
Indonesia-based logistic startup, Kargo Technologies debuts in Southeast Asia after raising a USD7.6 mn seed round led by Sequoia Capital India. Kargo is also backed by Uber-founder Travis Kalanick’s 10100 Fund, and money from co-founder of Northstar Group, Patrick Walujo, an early investor in Go-Jek.
%20KrAsia.png "Kargo launches to tackle logistics in Indonesia (c) KrAsia")
Image: KrAsia
Kargo will invest in its infrastructure and technology. The company also plans to hire aggressively in Indonesia to build a world-class operations and technology team.
Founded in 2018, Kargo Technologies is a logistics startup that integrates shippers and logistics providers onto a single marketplace, aiming to solve inefficiencies and reduce costs.