E-commerce is booming in Southeast Asia. but in many markets The fragmented logistics industry is struggling to keep up. This means that sellers face roadblocks when shipping to buyers. especially outside the big city areas. xo
and manage their supply chain. Locad, a startup that wants to help in what is known as "One-stop solution" for cross-border e-commerce companies. It announced today that it has raised $4.9 million in seed funding.The funding was led by Sequoia Capital India's Surge (now Locad is part of the project's fifth group),
with participation from companies such as Antler, Febe Ventures, Foxmont, GFC and the Hustle Fund, as well as angel investors. Alessandro Duri, Alexander Friedhoff, Christian Weiss, Henry Ko, Huey Lin, Markus Bruderer, Dr. Markus Erken, Max Moldenhauer, Oliver Mickler, Paulo Campos, Stefan Mader, Thibaud Lecuyer, Tim Marbach and Tim Seithe.