Indonesia’s Kargo Technologies snags $31m led by Tenaya Capital

Indonesia-based freight logistics marketplace Kargo Technologies has raised $31 million in a Series A funding round led by Silicon Valley-based Tenaya Capital, the startup said in a statement.

The round was joined by a host of other investors including Sequoia India and Southeast Asia, Intudo Ventures, Coca-Cola Amatil, Agaeti Convergence Ventures, ATM Capital, Alter Global, and Mirae Asset Venture Investment.

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