# Distributed Ledgers Technology Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/distributed-ledgers-technology-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.dlt.sg
- Total disclosed funding: $6.4M
- Latest round: Series A (Aug 11, 2020)
- Investors on record: 4

## About

Distributed Ledgers Technology Pte. Ltd. is a technology firm that develops innovative solutions for the logistics and transportation sectors, enhancing supply chain efficiency through real-time management and analytics.Founded in 2017, Distributed Ledgers Technology Pte. Ltd. operates out of Singapore. The company focuses on delivering cutting-edge technology solutions for supply chain management. It has raised a total of USD 6.18 mn in funding through 4 deals, with the latest being a Series B round in November 2022. The firm is led by CEO Farooq Siddiqi and co-founded by Atul Patel, Samir Neji, and Suji T.The company specializes in developing a comprehensive supply chain management platform tailored for logistics and transportation industries. This platform enables real-time tracking, inventory management, and analytics to improve operational efficiency. Their diverse clientele includes both large enterprises and mid-sized businesses, benefiting from enhanced visibility and control over logistics operations, ultimately leading to cost reduction and faster delivery times. The solutions are marketed primarily in Southeast Asia, North America, and Europe, addressing the growing demand for advanced logistics technology.In the most recent fiscal year, 2023, the company reported revenue of USD 1,575,201.30, alongside an EBITDA of -USD 1,648,619.10. Their revenue model is based largely on subscription services, allowing clients to access the supply chain management platform through annual or monthly payments. Additionally, the company offers consulting services to maximize client utilization of the platform, enhancing the overall ecosystem.Distributed Ledgers Technology Pte. Ltd. plans to leverage its recent Series B funding of USD 6.18 mn raised in November 2022 to enhance their product offerings and expand into new geographic markets. They are currently developing upcoming features for their supply chain management platform, although specific details on release dates have not been disclosed. The firm aims to target new markets in the Asia-Pacific region and Europe by 2024, capitalizing on rising demand for logistics technology solutions.

## Funding rounds

- Series A, Aug 11, 2020, $6.4M — R3 Venture Partners, Vittal Investments Private Limited, Regis & Savoy Capital Privy, Walden International

## Investors

- R3 Venture Partners (https://capitalatlas.ai/funds/r3-venture-partners) — Series A
- Vittal Investments Private Limited — Series A
- Regis & Savoy Capital Privy — Series A
- Walden International — Series A