Ezyhaul Raises Series B Round of RM 67 million To Accelerate Growth and Adoption of its Digital Freight and Logistics Management Solution Across South Asia
Last update: 10/07/2019
KUALA LUMPUR, July 10 (Bernama) -- Ezyhaul, a three year old digital freight and logistics management technology startup, today announced that it has closed a Series B fundraising round totalling USD 16 million (RM 67 million). The company intends to utilise the funds to support its expansion into Indonesia and the Philippines, and drive further technological innovation to offer a complete plug and play model for its clients.
Ezyhaul first launched its services in Malaysia in 2016, and continues to maintain its core technology and product development teams in the country. Founded in Singapore, Ezyhaul is focused on improving efficiencies in the highly fragmented US$150 billion road freight industry in South Asia.