Adviser applauds Truck It In for raising $3mn for business expansion

MG News | September 07, 2021 at 12:51 PM GMT+05:00

0:00

September 7, 2021 (MLN): Adviser to PM for Commerce and Investment, Abdul Razak Dawood on Tuesday congratulated Pakistani logistic startup “Truck It In” for its recent raise of $3 million funding in a pre-seed round, taking cumulative raise to $4.5mn raise in just a few months.

Taking to his Twitter handle, Adviser said, “I have always been a strong believer in the abilities of our youth.”

The funding would be utilized for the national expansion of Truck It In as its long-term aim is to streamline Pakistan’s trucking sector to create ripple effects across the economy.

This is in line with the country’s focus on regional trade & connectivity. Improvement of the logistics sector will not contribute to this objective but it will also lead to employment generation, he concluded.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,335.00	117,685.00 116,095.00	-755.00 -0.64%
BRENT CRUDE	68.45	68.59 67.79	-0.02 -0.03%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.35	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.49	64.67 63.83	-0.03 -0.05%
SUGAR #11 WORLD	16.43	16.59 16.39	-0.13 -0.79%