Kindrik Partners advises Monk’s Hill Ventures on series A financings
We’re pleased to have advised Singapore-based venture capital firm, Monk’s Hill Ventures (MHV), on two recent series A financings.
Most recently, Indonesian logistics platform Logisly announced their US$6million series A financing led by MHV. The Jakarta-based startup provides B2B tech-enabled logistics solutions.
This follows on from Malaysian-based startup, Go-Get, completing their series A investment in October, again led by MHV. The on-demand platform currently has over 20,000 gig workers, and has onboarded 5,000 businesses of all sizes, from micro SMEs to MNCs.
Partner, Lee Bagshaw says: “Whilst the global startup economy battles with COVID-19, it is encouraging to see continuing investment activity across Southeast Asia, with VC transactions led by notable investors like Monk’s Hill Ventures. For platforms enabling disruptive areas such as on-demand and logistics, the region remains very attractive for investors.”