# PT Digital Truk Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-digital-truk-indonesia

- Industry: Software
- Headquarters: South Jakarta, Indonesia
- Website: www.ritase.com
- Total disclosed funding: $13M
- Latest round: Series B (Jul 17, 2019)
- Investors on record: 9

## About

PT Digital Truk Indonesia is a logistics technology company focused on optimizing the transportation of goods through digital solutions, enhancing efficiency and transparency in the supply chain.Founded in 2016 and headquartered in South Jakarta, Indonesia, PT Digital Truk Indonesia streamlines logistics operations in the trucking industry. The company has successfully raised USD 8.49 mn in Series B funding on July 17, 2019, with participation from notable investors such as Hamsey Holdings Ltd and Mitsubishi Corporation. The company's total funding raised to date amounts to USD 8.49 mn, resulting in a current valuation of USD 31.54 mn.PT Digital Truk Indonesia offers comprehensive digital logistics platforms aimed at improving the efficiency of trucking operations. Their services include real-time tracking, route optimization, and a user-friendly interface for both shippers and carriers. The company targets various market segments, including e-commerce, manufacturing, and retail, providing tailored solutions to enhance supply chain performance.The company generates revenue primarily from its digital logistics services, structured through subscription and transaction-based models. Clients engage with PT Digital Truk Indonesia through annual service agreements, which offer tiered pricing depending on the volume and level of service required. The business model emphasizes partnerships with logistics providers, integrating their technology into existing frameworks to facilitate smoother operations for end users.Following the Series B funding round, PT Digital Truk Indonesia is focused on expanding its service offerings and geographic reach. The company plans to enhance its technology platform with new features aimed at improving user experience and efficiency, with new product launches anticipated in 2022. Additionally, PT Digital Truk Indonesia aims to penetrate further into Southeast Asian markets, targeting countries such as Malaysia and Thailand by the end of 2023, leveraging its recent funding to bolster marketing efforts and operational infrastructure.

## Funding rounds

- Series B, Jul 17, 2019, $8.5M — Mitsubishi Corporation, JIF Capital, BEENEXT, Skystar Capital, Insignia Ventures Partners, Beeblebrox, K9 Industries Pte. Ltd, Hamsey Holdings Ltd
- Series A, Apr 22, 2019, $4.5M — Mitsubishi Corporation, Pegasus Tech Ventures, BEENEXT, Skystar Capital, Insignia Ventures Partners, Beeblebrox

## Investors

- Mitsubishi Corporation — Series A, Series B
- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A, Series B
- Skystar Capital (https://capitalatlas.ai/funds/skystar-capital) — Series A, Series B
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A, Series B
- Beeblebrox — Series A, Series B
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series B
- K9 Industries Pte. Ltd — Series B
- Hamsey Holdings Ltd — Series B