Indonesian supply chain start-up Advotics raises $2.75 M led by East Ventures

by RJ Shara | Mar 3, 2021 | Fundings and Exit, Startups

The fast development of e-commerce in Indonesia, particularly throughout the pandemic, is putting increasing needs on its supply chain infrastructure. But the nation ‘s logistics industry is highly fragmented, with business typically depending on several service providers for one delivery, and numerous warehouses are still focused around major cities. Advotics wants to help with software to make […]
The country’s logistics market is highly fragmented, with companies typically relying on multiple service providers for one shipment, and numerous warehouses are still concentrated around major cities. They utilize a supply chain with 15 million little to mid-sized distributors and about 288,000 big distribution companies. To assist make logistics more efficient for its customers, Advotics provides SaaS options to keep an eye on almost their entire supply and logistics chain, from warehouse inventory to creating shipment paths for drivers. Advotics is amongst numerous tech startups that are taking various approaches to deal with Indonesia’s logistics infrastructure….