Praktis

SoftwareSeries AJakarta, Indonesiapraktis.co

Latest round

Series A

Last raised

Apr 2023

Total raised

$23M

Investors

4

About Praktis

Praktis, based in Indonesia, is a supply chain solutions provider focused on the apparel sector.Founded in 2016 in Jakarta, Indonesia, Praktis specializes in comprehensive supply chain solutions for retail businesses, particularly in the apparel industry. The founders Adrian Gilrandy, Dhimas Syahendra, Dipta Imanto, and Mohamad Fahrul have a background in the sector.Praktis specializes in providing comprehensive supply chain solutions tailored for retail businesses, primarily focusing on the apparel sector. Their core offerings include an advanced platform that streamlines the entire supply chain process, from design and production to delivery, enabling brands to enhance productivity and maintain quality standards. The company produces a diverse range of apparel, including casual wear, activewear, and outerwear, ensuring that every piece meets high standards of style and quality. Targeting markets beyond its home region, Praktis serves various international clients and brands that seek to optimize their supply chain operations.Praktis operates on a business model that includes B2B transactions, primarily partnering with retail brands to offer supply chain services. The revenue structure is built around providing tailored solutions for clients, with potential pricing plans that reflect the complexity and scale of the services offered. For instance, the production of apparel items, such as T-shirts, hoodies, and pants, has starting prices that are indicative of the cost structure for these goods. Clients can engage with Praktis through subscriptions or service contracts, ensuring a steady flow of transactions as they leverage the company's platforms for their supply chain needs. The company is also looking to launch new product lines designed specifically for international markets, aiming for a broader geographic expansion into Southeast Asia by 2024.

Who invested in Praktis

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Apr 26, 2023

    Amount

    $23M

    Investors

    Locked

  2. Seed

    Dec 14, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Praktis

Who invested in Praktis?

Praktis has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Praktis raised?

Praktis has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Praktis last raise money?

Praktis's most recent round on record is a Series A, in Apr 2023.

What does Praktis do?

Praktis, based in Indonesia, is a supply chain solutions provider focused on the apparel sector.

Where is Praktis headquartered?

Praktis is headquartered in Jakarta, Indonesia.

Which VCs invest in companies like Praktis?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Praktis's stage. Their profiles are linked below.

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