Andalin Logistics Secures Series A Funding from BRI Ventures
Last year, Andalin managed to facilitate $20 million worth of delivery goods and was close to positive EBITDA
Randi Eka - 17 March 2021
BRI Ventures, through Sembrani Nusantara Venture Fund, announced series A funding for Andalin logistics startup. The investment value was undisclosed, but it adds to the bags of pre-series A funding that the company previously obtained in October 2020 worth around seven-figure.
In his remarks, Andalin's Co-Founder & CEO, Rifki Pratomo said, "We see an opportunity in digitizing first-mile logistics, simplifying processes that are often complicated and confusing for MSMEs, as well as reducing cost barriers. If all goes well, it will encourage MSMEs to do more export-import activities."
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