Tech Company Financing Transactions

TruKKer Funding Round

TruKKer closed a $100 million Series C funding round on 9/7/2022. Investors included Investcorp Technology Ventures and Mubadala.

Transaction Overview

Company Name
Announced On
9/7/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors

Investcorp Technology Ventures (Lead Investor) (Walid Majdalani)

Mubadala (Mattia Fugazza)

Proceeds Purpose
The cash will be used as part of TruKKer's expansion plans into new countries, and is "considering acquisition opportunities to accelerate growth.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Al Sila Tower, Abu Dhabi Global Market, Al Maryah Island
Abu Dhabi, Undisclosed
UAE
Email Address
Overview
People. Performance. Purpose - we value these above all and any hearsay technology marvels. Our innovations are human-centric, meaningful, and assume greater responsibilities in problem-solving. With 'platformization,' we're trying to weave a central layer of control and transparency through data-led innovations into the trucking industry. TruKKer's intelligent freight network smooths out the telltale frictions between demand and supply and eliminates any load-related uncertainty. Today, nearly 6000 drivers earn 75% of their monthly incomes on the platform.
Profile
TruKKer LinkedIn Company Profile
Social Media
TruKKer Company Twitter Account
Company News
TruKKer News
Facebook
TruKKer on Facebook
YouTube
TruKKer on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gaurav Biswas
  Gaurav Biswas LinkedIn Profile  Gaurav Biswas Twitter Account  Gaurav Biswas News  Gaurav Biswas on Facebook


 

 

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About Database of VC Transactions

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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