Kargo Technologies

The company functions as a B2B trucking platform that connects shippers with a network of carriers and truckers, aiming to digitize Indonesia's traditionally fragmented and offline logistics sector. It addresses issues of unreliable truck availability, opaque pricing, and payment cycle distrust through its mobile application. The platform serves a wide range of clients, from small and medium-sized enterprises to major multinational corporations like Unilever and Coca-Cola, as well as e-commerce platforms such as Shopee. By creating a marketplace, Kargo enables shippers to find transportation providers, transact, and track shipments in real-time, thereby increasing efficiency and transparency in the supply chain.

Kargo's core service offering revolves around its technology platform, which facilitates the matching of freight with available trucks. This system allows for better route optimization and reduces empty miles for truckers. For shippers, the platform provides features like instant quotes, online payments, and real-time shipment tracking. The company's product suite includes KargoNexus, a Transportation Management System (TMS) that offers seamless integration for businesses to monitor and analyze their logistics operations. Services span land transport with full truckload options, sea freight, air freight, and drayage for import-export needs. The business model generates revenue by facilitating these logistics transactions through its platform. A significant milestone was the company's Series A funding round in April 2020, which raised USD 31 million, bringing its total funding to USD 38.6 million at the time. Key investors include Sequoia Capital India, Tenaya Capital, and the 10100 Fund established by Uber co-founder Travis Kalanick.