EVs

Blitz raises funding to electrify Indonesia’s delivery fleets

March 13, 2024

Electrifying deliveries! Blitz is driving into Indonesia’s logistics space. This end-to-end logistics startup allows enterprises and SMEs to easily source and manage their own EV fleet for last-mile deliveries.

Now, they’ve just raised a seed extension round!

  • They claim to have performed around 100k monthly deliveries.
  • Clients include Lazada, Bukalapak, Zalora, Domino’s, DHL, and eFishery.

Investor check. Iterative led the round. BonBillo Fund II, Bansea Fund II, Third Derivative, and strategic angels also joined in.

  • Other previous investors include ADB Ventures and FiveFortyAlpha.

🛵 How it works

How does your business make its deliveries? Blitz makes it easy and more affordable to shift to sustainable deliveries.

Fast. They focus on instant (less than 1 hour) and same day (less than 12-hour) last-mile deliveries.

Customized. Your delivery riders won’t be driving around in Lalamove or Grab outfits. They’re your drivers (just powered by Blitz) and will be outfitted with your company’s brand.

  • No need to find your own drivers and motorcycles. Blitz hires them and gives them their own EV.

Cheaper (and still sustainable). Blitz isn’t just here to give you an all-electric fleet. They’re here to make EV fleets the most efficient and cost-effective option.

  • Forget building your own tech. Blitz’s platform to control your company’s fleet and your deliveries.
  • All optimized. Their tech makes sure your drivers are productive, cost-effective, and on time— they claim to have 16% shorter delivery times and 33% more deliveries.

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