Karzo
Financials
Estimates*
USD | 2019 | 2021 | 2023 |
---|---|---|---|
Revenues | 2.2m | <1m | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0k | Grant | ||
$800k | Seed | ||
* | N/A | Seed | |
* | N/A | Seed | |
Total Funding | $810k |
Recent News about Karzo
EditKarzo is a technology-enabled logistics company that provides end-to-end, cross-border logistics solutions for corporate clients in Southeast Asia. The company operates in countries such as Thailand, Myanmar, Cambodia, Laos, and Vietnam. Karzo specializes in transportation, distribution, warehousing, bulk shipments, container drayage, customs clearance, freight forwarding, and project logistics. The company aggregates and manages fleet suppliers on its digital platform, addressing the challenges businesses face when dealing with multiple fleet owners for goods transportation. By offering sustainable contracts, Karzo enables fleet owners to access opportunities they might not achieve independently.
Karzo serves a diverse range of industries, including Fast-Moving Consumer Goods (FMCG), agricultural goods, pharmaceuticals, and construction materials. The company utilizes an asset-lite business model, leveraging a fleet of 4,000 trucks, including specialized equipment like boom cranes, dumper trucks, and prime movers with various trailers. This approach allows Karzo to efficiently handle bulk shipment imports and regional distribution of Full Truck Loads (FTL) for major multinational corporations (MNCs) and large companies.
Karzo generates revenue by providing comprehensive logistics services to its clients, ensuring safe and timely delivery of large volumes of goods. The company has been in operation for over eight years and has established a strong presence in the Southeast Asian logistics market.
Keywords: logistics, cross-border, fleet management, Southeast Asia, transportation, warehousing, bulk shipments, customs clearance, digital platform, sustainable contracts.