About Aras Kargo
Aras Kargo is a company based in Istanbul (Turkey) founded in 1989 was acquired by Post in June 2020.. Aras Kargo has raised $9.8 million across 2 funding rounds from investors including Austrian Post, Is Girisim Sermayesi and NBK Capital Partners. Aras Kargo offers products and services including Cargo Delivery and Shipment Tracking.
- Headquarter Istanbul, Turkey
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Phone
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Website
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Social
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- Legal Name Aras Kargo
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.8 M (USD)
in 2 rounds
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Latest Funding Round
$9.8 M (USD), Series A
Jun 01, 2011
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Investors
Austrian Post
& 2 more
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Employee Count
Employee Count
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Acquired by
Post
(Jun 15, 2020)
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Products & Services of Aras Kargo
Aras Kargo offers a comprehensive portfolio of products and services, including Cargo Delivery and Shipment Tracking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Domestic and international cargo delivery is managed for various packages, ensuring timely transportation is achieved.
Real-time tracking of shipments is provided, allowing status updates and delivery estimates to be accessed easily.
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Funding Insights of Aras Kargo
Aras Kargo has successfully raised a total of $9.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.8 million completed in June 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $9.8M
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First Round
First Round
(17 Dec 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Series A - Aras Kargo | Valuation |
investors |
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| Dec, 2009 | Amount | Debt – Conventional - Aras Kargo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aras Kargo
Aras Kargo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Austrian Post, Is Girisim Sermayesi and NBK Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech and life sciences startups are invested in across Europe.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Austrian Post is recognized as Austria's leading postal and logistics provider.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aras Kargo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aras Kargo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aras Kargo Comparisons
Competitors of Aras Kargo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aras Kargo
When was Aras Kargo founded?
Aras Kargo was founded in 1989 and raised its 1st funding round 20 years after it was founded.
Where is Aras Kargo located?
Aras Kargo is headquartered in Istanbul, Turkey.
Is Aras Kargo a funded company?
Aras Kargo is a funded company, having raised a total of $9.8M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $15M, raised on Dec 17, 2009.
What does Aras Kargo do?
Founded in 1989 in Istanbul, Turkey, operations in the courier sector are conducted by Aras Kargo. Domestic and international delivery services are offered, covering various package sizes and speeds for businesses and individuals. Tracking, address modifications, courier calls, and nearby drop-off point locations are included. Returns are facilitated, along with business solutions. Support is accessible through a call center and online resources.
What products or services does Aras Kargo offer?
Aras Kargo offers Cargo Delivery and Shipment Tracking.
Who are Aras Kargo's investors?
Aras Kargo has 3 investors. Key investors include Austrian Post, Is Girisim Sermayesi, and NBK Capital Partners.
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