JAKARTA - Logistics startup Triplogic has raised an undisclosed amount of seed funding from East Ventures. According to the startup’s official statement, the fresh funds will be used to encourage product development and tech enhancement as well as expanding its logistics network through partnerships with SMEs.
“All the e-commerce platforms we have invested in create value by helping customers obtain their products easily, creating a seamless online-to-offline experience,” said East Ventures partner Melisa Irene as quoted by DealStreet Asia, Tuesday (30/4).
“We realised that Triplogic, as the last mile player, is the missing piece in the puzzle of our core supply chain ecosystem, and it fits perfectly.”
Bandung-based Triplogic provides instant delivery for clients such as retail users, SMEs, and corporate clients by establishing drop shipping points in the form of smart lockers and drop boxes. The startup is currently operating in 61 cities across Indonesia and partners over 1,600 SMEs. (MS)