TruKKer, a truck aggregator, has closed a seed round of USD 1.4 million.
The round was led bySaudi-based Raed Ventures and includes institutional funds like Saudi-based Riyad TAQNIA fund (RTF), 500 Startups , Averroes Ventures and Arzan VC.
TruKKer is an on-demand truck aggregator that operates as a full service trucking company with a tech-enabled trucking network. The company focuses on on-boarding individual transporters to its capacity after stringent training for compliance to its technology and operational standards.
“We have focused on execution from day one along with quick to market strategy for all our products and segments, which has been one of the primary driver of our growth. The trucking industry has remained traditional for a very long time, relying on brokers to connect trucking companies and shippers, an uneven process, which is ready for technology-based transformation,” said Gaurav Biswas, Founder & CEO, TruKKer.
TruKKer currently services 100+ corporates in UAE and also does cross border movements to KSA and Oman. This is in addition to its thriving consumer business where it services hundreds of home moves every month.
“Our products are developed with a quick to market focus and we have often not waited to perfect the product before launching it. This has helped us to get rapid feedback and create a product that our users and customers need instead of something that we feel they need. Simplicity and convenience drive our product and technology development,” said Pradeep M, Co-founder and CTO, TruKKer.
“We have been lucky to have a very dedicated and super hard working team in our early days. For a start up, there are multiple highs and lows that teams face frequently but I am proud of our teams to have prevailed and also flourish. It is now our time to rapidly strengthen the team with resources and means of a more organized set up. We understand the plans and have multiple lessons learnt over the last year and it is now time to build strong foundations to support exponential growth into regional markets,” added Mr Biswas.
TruKKer is working on multiple opportunities in KSA and aggressively hiring for its KSA operations and business development teams in the Eastern and Western regions.