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New Deal


Announced

Completed

Prosus led a $20m Series A round in Shipper.

Financials

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Transaction Value£15m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Indonesia

Venture Capital

Acquisition

Single Bidder

Completed

Minority

Friendly

Third Party Logistics (3PL)

Private Equity

logistics platform

Cross Border

Synopsis

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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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