Jakarta Indonesia-based logistics tech platform, Waresix closed its Series B funding.

Over the last year, the corporation raised approx. US$100m from present buyers EV Growth and Jungle Ventures, and new buyers, together with SoftBank Ventures Asia, EMTEK Group, Pavilion Capital and Redbadge Pacific.

Led through Andree Susanto, CEO, Waresix is a tech-enabled platform imparting logistics offerings and solutions. It connects shippers and companies with to be had transporters, vehicles and warehouse area across Indonesia.

The corporation now serves more than 250 marquee company customers from various industries, together with customers within the commodities, fast-moving purchaser goods, commercial consumables, infrastructure, and retail sectors.

Customers consist of Unilever, Indofood, Siam Cement Group, Wings, JD.ID and several different MNCs. The corporation’s logistics ecosystem spans over 40,000 vehicles and 375 warehouses in more than a hundred towns and cities across Indonesia.

The integration with key logistics facilities, consisting of Indonesia’s National Ports, has allowed the corporation to enlarge its reach beyond Java and Sumatra, to all of Indonesia’s foremost islands.