Karzo

Karzo

Kargo is the first online marketplace in Myanmar to connect truck drivers with businesses.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
*

N/A

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD201920212023
Revenues000000000000
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Karzo
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Karzo is a technology-enabled logistics company that provides end-to-end, cross-border logistics solutions for corporate clients in Southeast Asia. The company operates in countries such as Thailand, Myanmar, Cambodia, Laos, and Vietnam. Karzo specializes in transportation, distribution, warehousing, bulk shipments, container drayage, customs clearance, freight forwarding, and project logistics. The company aggregates and manages fleet suppliers on its digital platform, addressing the challenges businesses face when dealing with multiple fleet owners for goods transportation. By offering sustainable contracts, Karzo enables fleet owners to access opportunities they might not achieve independently.

Karzo serves a diverse range of industries, including Fast-Moving Consumer Goods (FMCG), agricultural goods, pharmaceuticals, and construction materials. The company utilizes an asset-lite business model, leveraging a fleet of 4,000 trucks, including specialized equipment like boom cranes, dumper trucks, and prime movers with various trailers. This approach allows Karzo to efficiently handle bulk shipment imports and regional distribution of Full Truck Loads (FTL) for major multinational corporations (MNCs) and large companies.

Karzo generates revenue by providing comprehensive logistics services to its clients, ensuring safe and timely delivery of large volumes of goods. The company has been in operation for over eight years and has established a strong presence in the Southeast Asian logistics market.

Keywords: logistics, cross-border, fleet management, Southeast Asia, transportation, warehousing, bulk shipments, customs clearance, digital platform, sustainable contracts.

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