About TruckSher
TruckSher is a company based in Karachi (Pakistan) founded in 2020 by Abid Butt was acquired by TruKKer in September 2021.. TruckSher operates in a competitive market with competitors including Wahyd Logistics, Meri Gari, Hillup Cargo, BILTY and JitPlus, among others.
- Headquarter Karachi, Pakistan
- Founders Abid Butt
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of TruckSher
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - TruckSher | Valuation | Sarmayacar |
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| 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 TruckSher
TruckSher has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TruKKer and Sarmayacar. 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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Venture capital funding is provided to Pakistani technology startups.
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Founded Year | Domain | Location | |
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Trucking services are booked via an online marketplace platform.
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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 TruckSher
| 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 - TruckSher
| 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 |
Trucksher Comparisons
Competitors of TruckSher
TruckSher operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wahyd Logistics, Meri Gari, Hillup Cargo, BILTY and JitPlus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hosts a digital marketplace connecting users with trucking and logistics services.
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| domain | founded_year | HQ Location |
Provides app-based road freight booking and tracking for businesses in Pakistan.
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| domain | founded_year | HQ Location |
Cloud-based app for booking cargo transport services is provided.
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| domain | founded_year | HQ Location |
Online marketplace connecting shippers and carriers for efficient freight solutions.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for efficient freight transportation services.
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| 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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Latest news on Trucksher
Frequently Asked Questions about TruckSher
When was TruckSher founded?
TruckSher was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is TruckSher located?
TruckSher is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
What does TruckSher do?
TruckSher was founded in 2020 in Karachi, Pakistan, within the logistics sector. An online platform is operated to connect shippers with carriers, enabling searches and bids for truck services based on preferences. Operations include management of trips and goods, support for full truckload and less-than-truckload transportations, and features for fleet tracking and tracing. The service facilitates efficient transportation solutions in the region.
Who are the top competitors of TruckSher?
TruckSher's top competitors include Hillup Cargo, Wahyd Logistics and Meri Gari.
Who are TruckSher's investors?
TruckSher has 2 investors. Key investors include TruKKer, and Sarmayacar.