# Orko Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/orko-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.orkofleet.com/
- Total disclosed funding: $0.2M
- Latest round: Seed (Apr 30, 2024)
- Investors on record: 1

## About

Orko Pte Ltd is a Singapore-based company providing an innovative AI-driven fleet management platform specifically designed for electric vehicles, enhancing operational efficiency for various stakeholders in the EV ecosystem.Orko Pte Ltd specializes in AI-driven fleet management solutions for electric vehicles (EVs). The company was founded in Singapore, and as of April 2024, it has raised a total amount of USD 180,000 in Seed funding from Orbit Startups. The firm has engaged in one funding deal to date with its most recent deal occurring in April 2024.ORKO offers an AI-driven electric vehicle (EV) fleet management platform designed to centralize diagnostic data and streamline operations for various stakeholders in the EV ecosystem. The platform provides features such as trip analytics, route optimization, and driver behavior monitoring, enabling fleet operators to manage their fleets remotely and efficiently. Additional functionalities include vehicle diagnostics, maintenance planning, and automation of workflows to enhance overall fleet performance and lifespan. ORKO serves a diverse client base, including EV manufacturers, fleet managers, and maintenance providers, facilitating their operations through a unified and flexible system compatible with various fleet types, including two-wheelers, three-wheelers, and four-wheelers. The company markets its products primarily in Singapore and is expanding its reach into other international markets, focusing on the growing demand for electric vehicles and sustainable fleet management solutions.ORKO generates revenue through a subscription-based model tailored to its software services, allowing clients to access its fleet management platform. Partnerships with fleet operators and vehicle manufacturers are central to its revenue structure, as these collaborations facilitate the integration of ORKO's technology into existing operations. The pricing model is designed to accommodate various user needs, with fees based on the scale of vehicle fleets and the specific features utilized within the platform. By offering tiered subscription plans, ORKO ensures that clients can choose the level of service that best fits their operational requirements. The company emphasizes creating long-term relationships with its clients, providing ongoing support and updates to enhance user experience and operational efficiency.In April 2024, Orko Pte Ltd raised USD 180,000 in Seed funding from new investor Orbit Startups. The company aims to leverage this funding to further develop its AI-driven fleet management platform, including upcoming features designed for enhanced diagnostics and analytics. Additionally, ORKO is planning to expand its market presence beyond Singapore, targeting specific regions in Southeast Asia by the end of 2025, in response to the increasing demand for electric vehicle solutions. The recent funding will support these initiatives and help streamline the company's expansion strategy.

## Funding rounds

- Seed, Apr 30, 2024, $0.2M — Orbit Ventures

## Investors

- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed