Supply Chain

$20M for D2C brands to fix their supply chains with Praktis

May 5, 2023
Praktis

D2C brands, you need some Praktis! This Indonesian supply chain solutions startup for direct-to-consumer (D2C) brands just raised a $20M Series A led by East Ventures.

  • They've seen 4x YoY revenue growth in 2022 and saw their growth between 2020 to 2021 go up 12x.

Investor check. Triputra Group and SMDV also joined in!

✅ Praktis makes perfect

They've got end-to-end solutions to help every D2C brand grow!

Sourcing and production. Have everything you need to create your perfect product — from production planning and product development to quality control and vendor compliance.

  • Access over 1000 manufacturers and suppliers in their network to find the best prices, best fit and fastest delivery!

Fulfillment and logistics, optimized. Say bye to all the operations hassle and mistakes. Use their storage facilities, cover more locations through their delivery partners, track inventory, order statuses and more!

  • Their algorithm even estimates and schedules item restocks for you, so you can minimize lost sales.

Order management and actionable insights. Manage your sales across multiple channels on one dashboard. Get monthly reports and real-time data analytics too!

  • You'll have actionable insights to help you identify your winning strategies, enter new markets and boost sales.

😎 What's next?

They'll improve their services and ecosystem of D2C brands and suppliers!

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