Investcorp has led a $51 million Pre-IPO investment round in TruKKer Holding Limited, the MENA region's largest digital freight network, aiming to capitalize on the rapidly evolving logistics sector in Saudi Arabia and neighboring markets.

Target Information

TruKKer Holding Limited, the largest digital freight network in the MENA region, operates across key markets including Saudi Arabia, the United Arab Emirates, and Egypt. The company offers an innovative platform that connects shippers with a network of carriers, leveraging proprietary technology to optimize logistics operations. This strategic positioning has enabled TruKKer to serve over 700 enterprise clients, and it is anticipated to exceed $200 million in revenue for the year 2022.

Founded with a vision to streamline freight transportation, TruKKer is on a growth trajectory, actively enhancing its service offerings while creating economic opportunities through its network, which includes nearly 10,000 drivers. Through its commitment to sustainability and efficient logistics, TruKKer aims to significantly contribute to reducing carbon emissions in the industry.

Industry Overview

The logistics and transportation sector in Saudi Arabia and the UAE has experienced substantial growth driven by increasing demand for digital solutions. With the rise of e-commerce and globalization, logistics companies are now focused on developing tech