Announced
Completed
Financials
Sources
Tags
Private
Indonesia
Venture Capital
Acquisition
Single Bidder
Completed
Minority
Friendly
Third Party Logistics (3PL)
Private Equity
logistics platform
Cross Border
Synopsis
Prosus led a $20m Series A round in Shipper, the Indonesian technology-enabled logistics platform. Existing investors including Lightspeed, Floodgate, Y Combinator, Insignia Ventures, and AC Ventures participated in the round. "With this investment Shipper will continue to grow, and our priority now is to recruit exceptional talent to join us in building strong data and tech capabilities to structure the unstructured world of fulfillment and shipping," Budi Handoko, Shipper COO and Co-Founder.
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