DST Global partners and Sequoia Capital India led a $63m Series B funding round in Shipper.

Private equity firms DST Global partners and Sequoia Capital India led a $63m Series B funding round in Shipper, an Indonesia-based digital logistics provider. Additional investors include Prosus Ventures, Floodgate, Lightspeed, Insignia Ventures, AC Ventures and Y Combinator. "We started Shipper four years ago as a result of our personal pain points in packing and delivering packages as online sellers. Building Shipper, we have always approached the problem from the angle of a micro, small and medium-sized business because that is who we are. We are excited to play our role in further empowering this segment and strengthening the nation’s logistics ecosystem," Budi Handoko, Shipper Co-Founder & COO.