TheLorry raises RM23.9mil to strengthen regional ops


Both Nadhir Ashafiq (fight) and partner Goh Chee Hau developed TheLorry following their own experience having worked in the traditional logistic industry for many years. -Filepic

KUALA LUMPUR: South-East Asian logistics startup TheLorry has raised US$5.85mil (RM23.9mil) in its Series B funding to strengthen its operations in Malaysia, Singapore, Thailand and Indonesia.

The fundraising exercise was led by venture investment fund FirstFloor Capital and participants include PNB-INSPiRE Ethical Fund I, Cradle Seed Ventures, Axiata Digital Innovation Fund and existing investor, SPH Ventures.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

TheLorry , raises , funds , strengthen , regional , ops , operations , Goh , Ashafiq

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read