Indonesia’s supply chain growth platform Baskit raises $4.4M Series A to expand Southeast Asia operations
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Indonesia-based Baskit, a technology and financial services platform, has raised $4.4 million in a Series A funding round led by Cento Ventures. This funding will support its expansion in Indonesia and entry into the Philippines. Baskit aims to digitize offline distribution networks, providing tools for brands to manage their distribution while integrating financial services. With this round, Baskit’s total equity funding reaches $9.9 million, alongside a $3 million credit facility from HSBC. The company has partnered with over 60 brands and works with numerous distributors and wholesalers in Indonesia.
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