Tag Archives: Cardig Group

Andalin Announces Follow on Funding of 57 Billion Rupiah

Andalin announced an additional funding of $4 million or equivalent to 57.2 billion Rupiah led by Intudo Ventures. A number of investors were involved, including Cardig Group, Beenext, and other strategic investors.

The funding follows the previous series A round in March 2021, at which time BRI Ventures was involved. While Beenext previously led Andalin’s initial funding in 2020.

The fresh money will be focused on increasing the presence of Andalin products in the local market, including strengthening its position in eastern Indonesia. The company is to add more team, targeting 200 people. In addition, a number of new product innovations will soon be rolled out, such as financing, trading platforms for producers and distributors, etc.

Focus on export-import management solution

Was founded in October 2016, Andalin’s focus is to provide digital services that make it easier to manage cross-border shipments. It includes having a B2B model to help shipping companies in Indonesia find affordable cargo transportation — by plane (Air Cargo & Air Courier) or by ship (Full Container Load & Low Container Load).

Through the Andalin platform, customers can communicate, track, and schedule shipments to global destinations. In addition, it also performs real time monitoring with the Andalin Go application launched last year. With the supply chain efficiency, it is expected to help customers reduce shipping costs, simplify administration, and make deliveries on time.

“We started Andalin with the vision of simplifying Indonesia’s international trade by integrating its highly fragmented services ranging from logistics, finance and other trade services into one platform. Indonesia’s export-import value grew from around $300 billion in 2020 to $430 billion in 2021, a remarkable growth especially during the pandemic,” Andalin’s Co-Fonder & CEO, Rifki Pratomo said.

Andalin’s technology aims to solve this issue with a presence in 200 global ports and 200 service partners worldwide. From February 2021 to December 2021, Andalin’s monthly revenue grew by 690%, coupled with a 10.6x increase in the total number of containers shipped.

Apart from Rifki, Andalin was also founded by Ivhan Famly Gunawan (CTO) and Saut Tambunan (COO).

“Indonesia is at the crossroads of global trade routes and now occupies an increasingly prominent position in the supply chain with many global brands leveraging its developing country consumer base and rich natural resources. Built from a suite of cutting-edge digital freight forwarding services, Andalin brings Indonesia to the world and the world to Indonesia, simplifying the export-import process from start to finish,” Intudo Ventures’ Founding Partner, Patrick Yip said.

Logistics startup development

In terms of export-import logistics solutions, there are not many existing startups in the market. Apart from Andalin, platforms that offer similar solutions include Tera Logistic, Allsome, and Janio.

Meanwhile, the issue of logistics within the country itself (for domestic shipments) also still leaves many challenges – especially in the midst of rapidly increasing demand due to e-commerce. So most players are still focused on solving these issues, starting from the supply chain, vehicle management, to logistics management.

Logistics innovation also received good support from investors. Until 2021, DailySocial.id noted a number of startups that have received good support from investors, including:

Perusahaan Putaran Tahun
ASSA (induk AnterAja) Convertible Bond 2021
Andalin Seed Funding, Series A 2020, 2021
Deliveree Series A 2017
Finfleet Series A 2019
GudangAda Series A Series B 2020 2021
J&T Express Venture Round 2021
Kargo Technologies Seed Funding Series A 2019 2020
Logisly Series A 2020
McEasy Seed Funding 2021
Pakde Seed Funding 2018
RaRa Delivery Seed Funding 2021
Ritase Series A 2019
Shipper Seed Funding Series A Series B 2019 2020 2021
SiCepat Series B 2021
TransTrack Seed Funding 2021
Triplogic Seed Funding 2019
Waresix Seed Funding Pre-Series A Series A Series A+ Series B 2018 2018 2019 2020 2020
Webtrace Seed Funding 2020

Original article is in Indonesian, translated by Kristin Siagian
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Pendanaan Startup Logistik Andalin 2022

Andalin Umumkan Pendanaan Lanjutan Senilai 57 Miliar Rupiah

Andalin mengumumkan perolehan pendanaan tambahan senilai $4 juta atau setara 57,2 miliar Rupiah dipimpin Intudo Ventures. Sejumlah investor turut terlibat termasuk Cardig Group, Beenext, dan investor strategis lainnya.

Pendanaan ini melanjutkan perolehan seri A yang didapat perusahaan pada Maret 2021 lalu, kala itu BRI Ventures turut terlibat. Sementara Beenext sebelumnya memimpin pendanaan awal Andalin pada tahun 2020 lalu.

Dana segar akan difokuskan untuk meningkatkan kehadiran produk Andalin di pasar lokasl, termasuk memperkuat posisinya di Indonesia timur. Tim juga akan diperkuat, dari berjumlah 100 ditargetkan menjadi 200. Selain itu sejumlah inovasi produk baru akan segera digulirkan, seperti pembiayaan, platform perdagangan untuk produsen dan distributor, dll.

Fokus di solusi manajemen ekspor-impor

Didirikan sejak Oktober 2016, fokus Andalin adalah menyediakan layanan digital yang mempermudah manajemen pengiriman barang lintas negara (cross border). Termasuk memiliki model B2B untuk membantu perusahaan pengiriman di Indonesia menemukan angkutan kargo yang terjangkau — menggunakan pesawat (Air Cargo & Air Courier) atau kapal laut (Full Container Load & Low Container Load).

Memalui platform Andalin, pelanggan bisa melakukan komunikasi, pelacakan, penjadwalan pengiriman atas barang ke berbagai tujuan global. Juga melakukan pemantauan real time dengan aplikasi Andalin Go yang diluncurkan tahun lalu. Dengan efisiensi proses rantai pasok, diharapkan membantu pelanggan mengurangi biaya pengiriman, menyederhanakan administrasi, dan melakukan pengiriman tepat waktu.

“Kami memulai Andalin dengan visi menyederhanakan perdagangan internasional Indonesia dengan mengintegrasikan berbagai layanannya yang sangat terfragmentasi mulai dari logistik, keuangan, dan layanan perdagangan lainnya ke dalam satu platform. Nilai ekspor-impor Indonesia tumbuh dari sekitar $300 miliar pada 2020 menjadi $430 miliar pada 2021, pertumbuhan yang luar biasa terutama di masa pandemi,” kata Co-Fonder & CEO Andalin Rifki Pratomo.

Teknologi Andalin mencoba memecahkan isu tersebut dengan kehadiran di 200 port global dan 200 mitra layanan di seluruh dunia. Dari Februari 2021 hingga Desember 2021, pendapatan bulanan Andalin mengalami pertumbuhan 690%, ditambah dengan peningkatan 10,6x dalam jumlah total kontainer yang dikirim.

Selain Rifki, Andalin turut didirikan oleh Ivhan Famly Gunawan (CTO) dan Saut Tambunan (COO).

“Indonesia berada di persimpangan rute perdagangan global dan sekarang menempati posisi yang semakin menonjol dalam rantai pasokan dengan banyaknya merek global yang memanfaatkan basis konsumen negara berkembang dan sumber daya alam yang kaya. Dibangun dari rangkaian layanan pengiriman barang digital mutakhir, Andalin membawa Indonesia ke dunia dan dunia ke Indonesia, menyederhanakan proses ekspor-impor dari awal hingga akhir,” sambut  Founding Partner Intudo Ventures Patrick Yip.

Perkembangan startup logistik

Untuk solusi logistik ekspor-impor, startup yang hadir di pasar memang masih bisa dihitung dengan jari. Selain Andalin, platform yang menyuguhkan solusi serupa di antaranya Tera Logistic, Allsome, dan Janio.

Sementara itu, isu logistik di dalam negeri sendiri (untuk pengiriman domestik) juga masih menyisakan banyak tantangan – apalagi di tengah kebutuhan yang meningkat pesat akibat e-commerce. Sehingga kebanyakan pemain masih fokus untuk menyelesaikan isu-isu tersebut, mulai dari supply chain, manajemen kendaraan, hingga tata kelola logistiknya.

Inovasi logistik turut mendapatkan dukungan baik dari para investor. Hingga tahun 2021, DailySocial.id mencatat sejumlah startup yang telah mendapatkan dukungan baik dari pemodal, di antaranya:

Perusahaan Putaran Tahun
ASSA (induk AnterAja) Convertible Bond 2021
Andalin Seed Funding, Series A 2020, 2021
Deliveree Series A 2017
Finfleet Series A 2019
GudangAda Series A Series B 2020 2021
J&T Express Venture Round 2021
Kargo Technologies Seed Funding Series A 2019 2020
Logisly Series A 2020
McEasy Seed Funding 2021
Pakde Seed Funding 2018
RaRa Delivery Seed Funding 2021
Ritase Series A 2019
Shipper Seed Funding Series A Series B 2019 2020 2021
SiCepat Series B 2021
TransTrack Seed Funding 2021
Triplogic Seed Funding 2019
Waresix Seed Funding Pre-Series A Series A Series A+ Series B 2018 2018 2019 2020 2020
Webtrace Seed Funding 2020
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