Trukkin, a tech-inspired logistics and transport service provider in MENA, will receive a pre-series funding led by Saud

Tuesday, 12 June 2018

Trukkin, a B2B techno-logistics platform has declared that it will be receiving an undisclosed amount of pre-series round of funding led by Saudi’s Investment and Logistics Co. (Batic)

Trukkini’s goals have received positive backing, support, and investments from well-known figures of the industry, and its team, led by CEO Janardan Dalmia, is working closely with all backers and mentors.

“Support from marquee institutions like Batic is a testament to the fact that we are on the right track. The investment will allow us to scale our operations further and continue the growth of the company,” said CEO Janardan Dalmia of Trukkin.

“Logistics is at the center of Vision 2030 as a way to cement the region’s position at the crossroads of important international trade routes, between Asia, Europe, and Africa and build a unique regional logistics hub. We have been closely monitoring the traction of the business for the past few months and are very excited about the potential opportunity Trukkin presents in this field. We have tremendous faith in the execution capabilities of its team and are very happy to join hands with them,” said Omar Al Mohammady, CEO of Batic.

The Middle East region promises a massive potential in techno-logistics but is still tied up with traditional processes.

 

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