Trukkin has secured an investment round of SAR 26mn (US$ 7mn) for its Series A round.
The round was led by Saudi based Emkan Capital with the participation from Impact46 Seed Fund, Taya Group and other strategic investors.
Trukkin is a leading aggregator that digitizes the process of matching shippers with truckers to bring about transparency, reliability and efficiency to the logistics industry. Trukkin also works towards building fintech solutions for payments, insurance, and financial services.
“We are excited to close the round with strategic investors, it confirms our vision of creating a world-class regional aggregation platform to enable logistics for the shippers and transporters,” commented Janardan Dalmia, Founder and CEO, Trukkin.
“We look forward to supporting Trukkin, in serving hundreds of corporate clients and individual shippers as they aggressively look for expansion and growth in reach, capability and business volume,” commented Ghassan Aloshban of Emkan Capital.
Trukkin has grown three times since the onset of the pandemic and scaled into Pakistan midyear in 2020 becoming the first mover and the leading logistics platform in Pakistan while growing its business in the UAE and Saudi Arabia and serving 12 countries in the broader Middle Eastern region.