Individuals and businesses, both are demanding delivery of their products or services faster and cheaper than ever before. This is where the logistics startups come into the picture. From ordering goods to food and other essential items at our doorstep, these startups are helping us in our personal lives on a nearly day-by-day basis.
Let’s have a look at the TOP 10 Logistics Services Startups in the ASEAN:
1. gojek
Founders: Kevin Aluwi, Michaelangelo Moran, Nadiem Makarim
Founding Year: 2010
Headquarters: Jakarta, Indonesia
Funding received: US$ 5 Billion
Investors: Tencent Holdings, Sequoia Capital India, Warburg Pincus, Temasek Holdings, Pegasus Tech Ventures, Kohlberg Kravis Roberts, DST Global, JD.com, Visa and 21 other investors
gojek is Southeast Asia’s major on-demand, multi-service tech platform giving consumers access to a wide range of services like transport, payments, food delivery, logistics, and many more. It has transformed into a Super App, offering more than 20 services with a total of more than 170 million total downloads across the region.
GoSend is gojek’s on-demand courier service to send items and documents between locations. It offers speedy delivery, helps you monitor your package’s location and driver, and is available 24/7.
2. Flash Express
Founders: Di Weijie, Komsan Lee
Founding Year: 2017
Headquarters: Bangkok, Thailand
Funding received: US$ 200M
Investors: Gaorong Capital, Cloud Angel Fund, Krungsri Finnovate, eWTP Technology & Innovation Fund, PTT Oil and Retail Business Public Company, Durbell
Flash Express is a logistics and transportation company that operates a door-to-door pickup and delivery service. The startup uses its fully in-house built technology and Big Data to digitize and optimize the delivery process. This has helped them increase operational efficiency and reduce costs.
Under the business of Flash Group, apart from Flash Express service, the company also provides other services such as Flash Fulfillment, which deals with goods storage, Flash Home or parcel delivery agent service, and Flash Money or financial service.
3. Ninja Van
Founders: Boxian Tan, Chang Wen Lai, Shaun Chong
Founding Year: 2014
Headquarters: Singapore
Funding received: US$ 196.5M
Investors: YJ Capital, Golden Gate, B Capital Group, Abraaj Group, Monk’s Hill Ventures, Grab, DPD Group, Geopost, Bangkok Bank, Intouch Holdings PCL, Carmenta Capital Management, Zamrud Sovereign Wealth Fund
Ninja Van is a technology-driven express delivery firm serving enterprises across Southeast Asia. By combining cutting-edge technology solutions and its deep knowledge of e-commerce needs, Ninja Van ensures that logistics is as easy as possible for its business partners and consumers.
4. Deliveree Logistics
Founders: Quan Nguyen, Tom Kim
Founding Year: 2015
Headquarters: Jakarta, Indonesia
Funding received: US$ 38.8M
Investors: Gobi Partners, Ardent Capital, Inspire Ventures, PSA Unboxed, Asia Summit Capital
Deliveree is a road cargo logistics platform for booking FTL & LTL cargo transport. It owns approximately 100,000 active commercial trucks and vehicles and operates in the regions of Indonesia, the Philippines and Thailand. It offers mobile and web apps that enable businesses to book and manage ground transportation of goods, cargo, merchandise, and anything else.
Its aim is to considerably reduce costs by bringing together excess cargo capacity with clients who need it on a high capacity, real-time, proximity basis.
5. Shipper
Founders: Budi Handoko, Nalendra Perkasa, Phil Opamuratawongse
Founding Year: 2016
Headquarters: Jakarta, Indonesia
Funding received: US$ 30.2M
Investors: Y Combinator, Lightspeed Venture Partners, Floodgate, Insignia Ventures Partners, Naspers, AC Ventures
Logistics startup Shipper offers a platform that helps freight forwarders to deliver goods with no trouble. Shipper works with online or corporate retailers to pick up items to be transported using selected logistics services. Its offerings include:
- Package pick-up service and fulfillment centers
- Helps logistics providers manage shipments
- Predict the best delivery routes
- Merge packages headed in the same direction
- Provides a multi-carrier API that enables sellers to manage orders, print shipping labels and get tracking information from several providers on their phones.
6. Anchanto
Founders: Abhimanyu Kashikar, Julien Juttet, Shafique Muhammad, Vaibhav Dabhade
Founding Year: 2011
Headquarters: Singapore
Funding received: US$ 27.2M
Investors: Singapore Angel Network, TransCosmos, MDI Ventures, Innosight Ventures, Luxasia, Club Capital, Asendia Management, Scott Anthony, Akshay Agarwal
Anchanto is a B2B SaaS startup that offers eCommerce automation and logistics services. The startup’s SaaS solutions aim to simplify backend operations and help businesses attain productivity through automated eCommerce management.
It offers 2 products: SelluSeller, an online multi-channel eCommerce management software and mobile application; and Wareo, a comprehensive warehouse management system that helps businesses manage B2B and B2C operations through a single platform. Nestle, Luxasia, Zilingo are some of the renowned companies which use Anchanto’s solutions.
7. Ritase
Founders: David Samuel, Iman Kusnadi
Founding Year: 2017
Headquarters: Jakarta, Indonesia
Funding received: US$ 13.1M
Investors: Pegasus Tech Ventures, BEENEXT, JAFCO Asia, Golden Gate, Mitsubishi Corporation, Insignia Venture Partners, Patrick Cheung, Skystar Capital, ZWC Partners
Ritase helps business clients discover and work with trucking vendors to transport their goods across Indonesia. It runs a SaaS platform for transport management that can be used by both vendors and customers for real-time management of the fleet, digital order processing, load planning, and route optimization. Other solutions offered by it include fleet management systems that utilize underused trucks and solve the issue of demand and supply.
8. Inteluck
Founders: Kevin Zhang
Founding Year: 2014
Headquarters: Manila, Philippines
Funding received: US$ 11.6M
Investors: Infinity Ventures Japan, FutureCap, MindWorks Capital
Inteluck is a logistics startup that provides data-driven logistics services to businesses across the Philippines, Thailand, Indonesia and Vietnam. These services include trucking, distribution, freight forwarding, contract logistics and customized supply chain services for shippers. It aims to help shippers utilize resources, work with a minimum logistics cost, improve logistics efficiency and reduce waste. It also helps truckers get additional deliveries, maximize revenue, schedule backloads, receive payments quickly and get access to instant financial services.
9. LOGIVAN
Founders: Linh Pham
Founding Year: 2017
Headquarters: Hanoi, Vietnam
Funding received: US$ 7.9M
Investors: Insignia Ventures Partners, Alpha JWC Ventures, K3 Ventures, VinaCapital Ventures, Ethos Partners, David Su
LOGIVAN develops technology solutions to help clients find and manage trucks online. It connects these clients to a network of thousands of reliable trucks to meet all transportation needs, anytime, anywhere at reasonable prices. The cost of logistics in Vietnam is currently 3 times higher than Singapore along with many ineffective, costly practices taking place in the nation’s transport industry. LOGIVAN aims to solve these important issues and digitize the trucking industry.
10. Duong Minh Logistics
Founders: Danny Duong
Founding Year: 2005
Headquarters: Ho Chi Minh City, Vietnam
Funding received: US$ 5M
Vietnam’s Duong Minh Logistics focuses on freight forwarding and customs clearance and helps hundreds of farmers to export more than 144,000 tons (4,800 containers) of fruits each year to China. Realizing the financial burden of trucking costs on enterprises, Duong Minh Logistics launched a unique service of integrating sea and land transportation from South to North Vietnam that has helped in reducing transportation costs, saving trillions of dollars each year. It also helps clients to import materials from China to Vietnam and export produce to Europe and the U.S.
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