Trukkin raises $7m to boost growth and tech infrastructure

SourceThe National

Trukkin, a UAE and Saudi Arabia-based logistics and supply chain start-up, raised 26 million Saudi rials ($7m) to expand its business further and invest in technology.

The initial funding round, or Series A as it is known, was led by Saudi Arabia-based Emkan Capital with the participation from Impact46 Seed Fund, Taya Group and other strategic investors.

“I am very proud of the team and the growth we have achieved over the course of the last year as we expanded into Pakistan and grew revenues despite the difficult environment presented by Covid,” said Janardan Dalmia, founder and chief executive of Trukkin.

“We are excited more...