# Trax Online (Pvt.)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trax-online-pvt

- Industry: Logistics & Distribution
- Headquarters: Karachi, Pakistan
- Website: www.trax.pk
- Total disclosed funding: $3.7M
- Latest round: Seed (Mar 24, 2023)
- Investors on record: 3

## About

Based in Karachi, Pakistan, and founded in 2017 by Asad Abdulla and Muhammad Hassan Khan, Trax Online (Pvt.) Ltd., a.k.a. Trax operates as a logistics and supply chain company that provides tech-enabled operations and managed logistics solutions for online businesses across Pakistan. In March 2023, Trax Online Ltd. raised USD 3.7 million in seed funding from NRD Capital, PNO Ventures, and Tricap Investment.

The company provides online sellers with various services, including last-mile delivery, reverse logistics, and warehousing. Trax also partners with international logistics companies to provide global delivery solutions. As of March 2023, the firm serves more than 7,000 e-commerce merchants and clients across the banking, pharmaceuticals, FMCG, and manufacturing industries.

Trax plans to use its proceeds from March 2023 funding to accelerate the growth of its logistics services and the introduction of new business verticals, such as fintech and technology solutions.

## Funding rounds

- Seed, Mar 24, 2023, $3.7M — Tricap Investments, NRD Capital, PNO Ventures

## Investors

- Tricap Investments (https://capitalatlas.ai/funds/tricap-investments) — Seed
- NRD Capital (https://capitalatlas.ai/funds/nrd-capital) — Seed
- PNO Ventures (https://capitalatlas.ai/funds/pno-ventures) — Seed