# Kargo.co.id

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kargo-co-id

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.kargo.co.id
- Latest round: Seed (Jun 30, 2016)
- Investors on record: 1

## About

Kargo is an Indonesian logistics platform that simplifies truck rental services, connecting shippers with transporters to enhance freight management and delivery efficiency.Kargo.co.id operates as an online platform focused on logistics solutions, specifically truck rentals for businesses in Indonesia. Founded in Jakarta, Indonesia, the company's history includes raising seed funding from East Ventures and individual investors in June 2016. Kargo's founder has not been disclosed publicly. Currently, Kargo's operations are centered in Jakarta, facilitating logistics management for various industries.Kargo specializes in providing an online truck rental service that streamlines logistics for businesses in Indonesia. The core offerings include a platform that connects shippers with a network of reliable transporters, enabling efficient freight management. The service allows clients to secure high-quality trucks at competitive rates with minimal effort, utilizing advanced technology to enhance delivery visibility and performance metrics. Kargo serves a diverse clientele, including well-known organizations such as Danone Aqua and FedEx Express Indonesia, addressing a wide range of logistics needs in the Indonesian market.Kargo's revenue model is based on facilitating transactions between shippers and transporters through its digital platform, which operates on a B2B framework. Businesses leverage Kargo's services to manage their logistics needs efficiently, resulting in a seamless exchange of goods for a fee. The platform generates revenue through transaction fees associated with each booking made on its system, supporting Kargo's growth as it expands its offerings and customer base within the logistics sector.Looking ahead, Kargo aims to innovate its platform by designing and launching new features that enhance logistics efficiency, although specific release dates have not been provided. Plans for geographic expansion include targeting additional regions within Indonesia to serve a broader customer base. The funding received in June 2016 is expected to support these growth initiatives, enhancing product capabilities and market reach.

## Funding rounds

- Seed, Jun 30, 2016 — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed