Supply Chain

$1.5M for Baskit to solve supply chain woes 

March 30, 2023
Baskit

Digitizing the supply chain. Baskit has just raised $1.5M in Pre-seed funding! They’re focused on improving the supply chain in Indonesia. 

  • Baskit aims to revolutionize supply chains in Indonesia by enabling middle layers to increase sales, adopt digital solutions, and capitalize on the value of their data.

Investor check. The round was led by Forge Ventures. Sketchnote Partners, DS/X Ventures, Prasetia Ventures, and angel investors also joined the round. 

  • The funds will be used to expand their geographical reach across Indonesia. Oh, and they’re also looking to enhance their tech stack! 

⛓ Supply chain woes?

In Indonesia, traditional supply chains are often plagued by stock-outs, lack of data visibility, and product expirations, resulting in significant supply chain losses.

  • Here’s where Baskit comes in! Their platform simplifies everything from data visibility to operations support. 
  • Their goal? To empower traditional supply chains in Indonesia! 

🚚 An entire ecosystem

They’re building a complete ecosystem for offline distribution businesses. 

  • Brands and distributors can supercharge their route-to-market through better visibility of where, when, and how their products move
  • Wholesalers can leverage the all-in-one system to support their daily operations

🇮🇩 It’s strategic!

Indonesia’s distribution chain comprises millions of SMEs and Baskit plans to take a regional approach, scaling by one city at a time. 

  • The near future? They plan to use the new funding to expand in West and Central Java

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