The problem
Moving goods by road in the region ran on phone calls and middlemen: shippers had no transparent price for a lane, no way to track cargo once it left, and paperwork that moved slower than the truck — while independent truckers burned fuel on empty return trips hunting for their next load.
How it works
Founded in 2016 by Gaurav Biswas and Pradeep Mallavarapu, TruKKer is a digital freight marketplace connecting transporters with businesses and consumers. A shipper posts a load and gets matched with a verified trucker; the platform provides instant booking, real-time demand-and-supply matching, digital price discovery, live cargo tracking, and digitisation of land-freight documents. It covers long-haul cross-country freight, port movements, and last-mile delivery of large bulky cargo, with booking by trip or day.
Pain points
Broker markups with no price transparency, unreliable ETAs, manual documentation, and an underutilised trucking fleet — thousands of trucks running empty legs because demand and supply never met in one place.
Business model
Marketplace intermediation: TruKKer sits between cargo owners and transporters, earning from the freight transactions it digitises, layered with services across port movements and bulky last-mile delivery rather than owning the fleet itself.
Challenges
Supply is fragmented across thousands of owner-operators whose quality and reliability vary; long-haul margins are thin and fuel-sensitive; and traditional brokers plus rival freight-tech platforms contest the same lanes — all while the company steers toward a planned public listing.
Funding
- Raised: $100M Series C (Sep 2022), led by Investcorp with a $51M initial close, alongside March Holding, Reliance Group-Egypt, Riyad Valley Capital, and Mubadala Ventures.
- Previously: $23M Series A led by STV (2019), the largest logistics Series A in MENA at the time, with IFC, Endeavor Catalyst, and MEVP; $4.1M raised before that.
Latest — September 2022
On 10 September 2022 TruKKer announced the $100M Series C to fund expansion into new and existing markets and accelerate growth ahead of its planned float.