Supply chain startup Klikdaily closes series A round led by Global Founders

Klikdaily, an Indonesian supply chain startup, announced that it has raised an undisclosed amount of series A funding in a round led by Global Founders Capital.

The investment follows Klikdaily’s pre-series A raise last year, which also came from Global Founders, Pegasus Tech Ventures, FundedHere, and Teja Ventures.

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Since 2018, Klikdaily focused its business to business-to-business model, positioning itself as a one-stop solution provider for traditional mom and pop stores in Indonesia. With its integrated supply chain management system, retailers can get various products from different brands at competitive prices.

The company will use the new funds to invest further in technology. It plans to provide more data-driven insights and systems to help stakeholders – especially principles and merchants – improve their businesses in the fast-moving consumer goods space.

It also looks to open more distribution centers to widen its member coverage across major cities in Indonesia by the end of this year.

Klikdaily currently operates in Greater Jakarta, West Java, and Central Java, serving “more than tens of thousands” of active mom and pop stores in 600 districts, according to a statement. It claims it has seen more than 700% of growth last year.

Klikdaily said it continues to observe an increase in the number of transactions for food and beverage products, as well as some staple food items, during the Covid-19 pandemic. Compared with other industries, its main market has received a relatively “low impact.”

“This is the right time for us, as the crisis provides an extraordinary moral impetus [for] Klikdaily to work harder to help the community, and work together with all elements, including the government, to ensure [that] daily needs are available at this time to the community,” said Amos Gunawan, founder and CEO of Klikdaily.