Logisly, a pioneering e-forwarding startup that connects logistics service users (shippers) and logistics services providers (transporters) based in Indonesia, has announced its successful seed funding. Logisly aims to disrupt the high potential logistics sector in Indonesia by aggregating supply and demand for trucking through a managed platform that provides shippers with reliable, verified trucks powered by real time tracking and digital PODs, while providing trucking companies with a facility to utilise idle or vacant trucks and receive quick payment.
The investment was led by Singapore-based SeedPlus, Indonesia-based Convergence Ventures and Tokyo-based Genesia Ventures, whose general partner participated in one of the early rounds of Tokopedia when he was in his previous firm.
Logisly aims to ease the high cost of logistics in Indonesia, by increasing utilisation of trucks and providing more certainty in managing supply chains through a wide network of reliable transport, order transparency and automation. The startup works with verified transport companies with fleets ranging from colt diesel, wingboxes, trailers, and even specialised trucks, such as flatbeds and reefers.