The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple distributors for one shipment, and many warehouses are still concentrated around major cities. Advotics wants to help with software to make the whole supply chain easier to track, and recently closed a $2.75 million funding round led by East Ventures. Founded in 2016 by Boris Sanjaya, Hendi Chandi and Jeffry Tani, Advotics has now raised a total of $5.5 million and currently counts more than 70 clients, ranging from individual resellers to large corporations like Exxonmobil, Danone, Reckitt Benckiser, Sampoerna, Kalbe and Mulia Group. According to research institution Statistics Indonesia, there are about 5 million small and medium-sized manufacturers in Indonesia.

BING NEWS:
  • Indonesian logistics startup SiCepat raises $170 million Series B
    Indonesian supply chain startup Advotics raises $2.75M led by East Ventures SiCepat focuses in particular on e-commerce and social commerce, or people who sell goods through their social media ...
    03/4/2021 - 10:10 pm | View Link
  • Indonesian logistics startup SiCepat raises $170 million Series B
    Indonesian supply chain startup Advotics raises $2.75M led by East Ventures SiCepat focuses in particular on e-commerce and social commerce, or people who sell goods through their social media ...
    03/4/2021 - 8:28 am | View Link
  • Indonesian supply chain startup Advotics raises $2.75M led by East Ventures
    Advotics wants to help with software to make the whole supply chain easier to track, and recently closed a $2.75 million funding round led by East Ventures. Founded in 2016 by Boris Sanjaya, Hendi ...
    03/2/2021 - 9:50 pm | View Link
  • Indonesian supply chain startup Advotics raises $2.75M led by East Ventures
    Advotics wants to help with software to make the whole supply chain easier to track, and recently closed a $2.75 million funding round led by East Ventures. Founded in 2016 by Boris Sanjaya, Hendi ...
    03/2/2021 - 5:28 pm | View Link
  • Indonesian supply chain startup Advotics raises $2.75M led by East Ventures
    Advotics wants to help with software to make the whole supply chain easier to track, and recently closed a $2.75 million funding round led by East Ventures. Founded in 2016 by Boris Sanjaya, Hendi ...
    03/2/2021 - 4:54 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News