Research from e27, e27

Research from e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

<ul><li>Indonesia-based fleet-tracking startup TransTRACK has secured US$2.1 million in a pre-Series A funding round.</li><li>Ortus Star, Cocoon Capital, and YCAB Ventures led the funding round. Goldbell Investment, NP Consulting, Damson Capital, and unnamed angel investors participated.</li><li>TransTRACK plans to use the fresh funds to expand operations to 100 cities in Indonesia and other Southeast Asian countries, including Malaysia, Singapore, Thailand, Cambodia, and Vietnam, providing an end-to-end supply chain solution for the business players in the region.</li></ul>

Indonesia-based fleet-tracking startup TransTRACK has secured US$2.1 million in a pre-Series A funding round.Ortus Star, Cocoon Capital, and YCAB Ventures led the funding round. Goldbell Investment, NP Consulting, Damson Capital, and unnamed angel investors participated.TransTRACK plans to use the fresh funds to expand operations to 100 cities in Indonesia and other Southeast Asian countries, including Malaysia, Singapore, Thailand, Cambodia, and Vietnam, providing an end-to-end supply chain solution for the business players in the region.

Indonesian Fleet-Tracking Startup TransTRACK Bags US$2.1M Funding

Indonesia

PT. Indo Trans Teknologi, doing business as TransTRACK.ID, designs and develops fleet telematics system solutions. The Company offers IoT solution that track, analyze, and increase the productivity of transportation. TransTRACK.ID operates in Indonesia.

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