Distribute better with Baskit! This Indonesia-based startup empowers distributors with tools and services to improve their business. And they just raised $3.3M in seed funding!
Investor check. Betatron Venture Group, Forge Ventures, Investible, 1982 Ventures, DS/X Ventures, Orvel Ventures, and Michael Sampoerna funded the round.
🪞 In the middle
Middlemen aren’t the big fishes in the local supply chain industry, but they are crucial in bridging large distributors to smaller wholesalers and retailers.
For Baskit, enabling SMEs helps connect buyers and sellers better—especially considering Indonesia’s geographical makeup.
💰 Some more detail
It’s not easy to get financed as an SME. Baskit offers working capital to clients by working with P2P lenders and banks.
📈 What’s with the $$$?
They’re going to improve their tech and grow their data capabilities.
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