Sinar Mas Digital Ventures has taken part in the $14.5m round, which will enable the logistics provider to expand its warehousing capacity and grow its fleet of vehicles.
Indonesia-based warehousing services provider Waresix has secured $14.5m in a series A round that featured Sinar Mas Digital Ventures, the corporate venturing arm of diversified conglomerate Sinar Mas, TechCrunch reported on Friday.
Venture capital firm East Ventures’ EV Growth fund led the round, investing alongside Jungle Ventures.
Waresix provides software that allows users to find and book ready-to-rent warehouses and freight services through its fleet of more than 20,000 trucks and more than 200 warehouse partners across the country.
They…
