Founder

Founder Iman Kusnadi graduated from the Department of Industrial Engineering of Catholic University of Bandung. He has worked in multinational third-party logistics companies such as DHL Supply Chain, APL Logistics, Xpo Logistics Singapore and Sephora Digital. He has more than 15 years of experience in logistics and supply chain and has deep insights into the digital ecological landscape.

Basic Introduction

Ritase covers cargo in all regions of Indonesia, with tens of thousands of shipments per month, more than 7,500 trucks, 500 transport vehicles, and 7,000 partner drivers connected to the Ritase app. Partners include Nestlé, Unilever, Universal Ribena ( URC ), JAPFA , Energia / Philips Lighting, Lotte, and Perfeti Van Mdlle . Today, the company has about 100 employees, 30% of whom are in the technical department .

Key Features

Ritase provides shippers and transporters with transparent, digital order processing management, load planning and route optimization. In addition, its open API platform and cloud-based software enable shippers to enjoy easy access to real-time information updates on the trucking market and its processes.

Financing

In September 2018 , Ritase received a total of US$ 4.4 million in Pre-A round of financing from Mitsubishi Corporation's Insignia Ventures Partners , with investors including Beenext , Skystar Capital , Agung Venture Capital and several other angel investors.

In May 2019 , Ritase completed its Series A financing. The amount was not disclosed and the investors were not disclosed.

In July 2019 , Ritase completed its A+ round of financing with an amount of US$ 8.5 million. Investors include Golden Gate Ventures , Zhongwei Capital, and JAFCO Asia.

References