Now here is another such amazing growth of Pakistani startups, introducing Lahore base digital freight startup or marketplace Bridgelinx has almost 10 Million dollars raised in just nine months. Bridgelinx has become the largest organization in the country and freight industry. The Bridgelinx supervisors are Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures, and Indus Valley Capital.
Bridgelinx’s purpose is to create a conventional connecting system between freight doners and freight carriers. It includes truckers, owner-operators, transporters, and private fleets through its online marketplace.
The collaboration includes TrueSight Ventures, Soma Capital, Flexport, Untitled, Wavemaker Partners, Maple Leaf Capital, and some of the largest business groups of Pakistan. Moreover, several angel investors as well as founders of Convoy (US-based freight marketplace) and Bazaar (Pakistani B2B marketplace) who also joined the round.
The Co-founder and CEO of Bridgelinx Salman Gul stated that “With logistics averaging at 10 percent of GDP globally, deploying technology to optimize and create visibility across global supply chains is a trillion-dollar opportunity. At BridgeLinx, we are on a mission to redefine how businesses manage supply chains – from procurement and shipping to warehousing and distribution. Our journey starts with road freight in Pakistan, and the talent-dense team we are building is incredibly privileged to be backed by some of the best investors from around the world.”
Breidgelinx provides the conventional end-to-end service solution to examine whole the system to manage payments and shipments of businesses and suppliers. Businesses can follow up properly their loads on their own smartphones by the Bridgelinx android or IOS app. Moreover, the client is also able to track domestic and overseas shipments just with their fingertips. Bridgelinx utilizes its funds in the proper growth of a startup. In the forward, Bridgelinx targets to scale and expand its position as the chief of a whole market.