Shipper raises $63 mn in Series B financing
April 16, 2021: Shipper, an Indonesia-based digital logistics provider, closed a $63 million Series B funding.
The round was led by DST Global partners and Sequoia Capital India with participation from prior investors, including Prosus Ventures, Floodgate, Lightspeed, Insignia Ventures, AC Ventures and Y Combinator.
The financing comes less than a year after the Jakarta company secured its Series A financing in June 2020.
Launched in 2017 by Budi Handoko, COO, and Phil Opamuratawongse, CEO, Shipper provides micro, small, and medium-sized enterprises across Indonesia with fulfillment and delivery services through a digitally managed network of fulfillment centers, delivery partners, and retail points, to thousands of e-commerce businesses that fulfill millions of items each month.