Shipper, a platform for e-commerce logistics in Indonesia, raises $5 million

Shipper, a platform for e-commerce logistics in Indonesia, raises $5 million

5 years ago
Anonymous $4ckUSNo_FL

https://techcrunch.com/2019/09/18/shipper-a-platform-for-e-commerce-logistics-in-indonesia-raises-5-million/

Indonesia has one of the fastest-growing e-commerce markets in the world, but the logistics industry there is still very fragmented, creating headaches for both vendors and customers. Shipper is a startup with the ambitious goal of giving online sellers access to “Amazon-level logistics.” The company has raised $5 million in seed funding from Lightspeed Ventures, Floodgate Ventures, Insignia Ventures Partners and Y Combinator (Shipper is part of the accelerator’s winter 2019 batch), which will be used for hiring and customer acquisition.

Shipper was launched in 2017 by co-founders Phil Opamuratawongse and Budi Handoko, and is now used by more than 25,000 online sellers. Indonesia’s e-commerce market is growing rapidly, but online sellers still face many logistical hurdles.