Technology-driven supply chain provider Inteluck announces US$34 Million in Series C Funding - PR Newswire APAC
Summary
With the fresh infusion of capital, Inteluck is set to expand its regional footprint, deepen its presence, and strengthen its capabilities.Zhang brings a wealth of experience in logistics supply chains, IoT technology, and the Southeast Asian B2B cross-border industry. Complementing Zhangs leadership, the core team members hail from top-tier firms, bringing vital expertise to the fast-growing company.For enterprises, Intelucks flagship offering is a comprehensive, one-stop supply chain solution that provides access to a substantial fleet of 14,000+ delivery trucks available for on-demand booking. Through the platform, enterprises can easily expand their geographical coverage throughout the supply chain, maintain real-time oversight of shipments, and scale operations flexibly during high-demand periods.In turn, Inteluck fundamentally empowers the backbone of Southeast Asias underserved trucking industry - the small to mid-sized truckers. By integrating them into its platform, Inteluck not only boosts demand for first-to-mid-mile trips but also improves fleet utilization and facilitates faster payments.Inteluck is proud to have provided supply chain services to over 300 renowned international and local enterprises from a range of industries, including telecommunications, fast-moving consumer goods, manufacturing, e-commerce, and express delivery. Founded in 2013, the firm has over US$300 million in assets under management and has taken notable stakes in companies, such as TaskUs (NASDAQ: TASK), Intellicare, The Bistro Group, Royale Cold Storage, Great Deals E-commerce Corp., and Dali Discount AG.