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

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

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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.

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