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Pakistan’s Truck It In Raises Country’s Largest Seed Funding At $13M

Feb 04, 2022over 3 years ago

Round Type

seed

Description

Pakistani logistics tech startup Truck It In announced that it raised $13 million in seed funding, the largest early-stage funding for a logitech startup in the country and the Middle East and North Arica (MENA) region.

Company Information

Company

Truck In

About

The startup said it will use the fresh capital to achieve its goal of transforming Pakistan’s road freight industry. The logistics startup raised $3 million extension round, taking its pre-seed round to $4.5 million in September 2021. Truck It In said it seeks to simplify business for Pakistan’s three million SME businesses and SME truckers (80% of the supply market) that operate in an increasingly complex and deeply fragmented industry.