TruKKer: Raises $100M in Pre-IPO Funding Round

TruKKer Raises $100M in Pre-IPO Funding Round

  • TruKKer Holding Limited, a Riyadh, Saudi Arabia-based digital freight network operating in MENA region, raised $100M in Pre-IPO funding
  • Investcorp – via Investcorp Saudi Pre-IPO Growth Fund LP – led the initial close of this round with $51m investment alongside new and existing investors
  • The platform is a Digital Freight Network that integrates Demand & Supply for land freight services
  • The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters
  • The company has a leading position across Saudi Arabia, the United Arab Emirates, Egypt and neighboring countries
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility.Highlights: Northern Trust introduces a tokenized money market share class.This...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI...