Trukky, an online logistics service platform, raises funding from Mumbai Angels Network |
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Trukky is a Gurgaon based startup that is a logistics aggregator offering On-demand transportation solutions to cater to goods movement in both full load & part load segments. They have developed a cargo intelligence engine which predicts the cargo type based on volume, mass & other variables to assist upfront pricing engine and supply engine. |
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Subhasish Das and Saswat Sahu, founders said, “During nationwide lockdown the company not only performed well with 10% Quarterly growth but also turned EBITA positive driven by digital interface to improve customer acquisition, near zero cost of |
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customer acquisition & optimizing available cargo space through load sharing services to move essential goods. Funds raised will be used to enhance user experience & freight intelligence for better pricing and digital load consolidation to make load sharing services convenient and safer for spot bookings.” |
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Neil Mehta, Mumbai Angels Network member shares his thoughts on the investment, “Trukky is attempting to bring the SME logistics space into the internet era with their truck spot-booking platform. Always exciting to see experienced founders tapping into yet another market waiting to be digitized.” |
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Nandini Mansinghka, Co-promoter and CEO Mumbai Angels Network, commented, “Trukky is a web and app based online transport booking platform that makes the process of booking a truck easy for quick and prompt goods delivery option. We see a lot of progression in the online transport booking sector as we have observed a dynamic shift from offline services to online services which are easy to access and we are happy to introduce Trukky as a part of our portfolio”. |
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About Mumbai Angels Network: Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing. The network is today 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur, Chennai). It has a 140+ strong portfolio with 45+ exits and has invested 150+ crores. |
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How much amount ?
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