What is Praktis?
Praktis is a technology and data-driven platform dedicated to elevating businesses through impeccable supply chain services. The company empowers retail businesses to concentrate on their core competencies by providing reliable tech solutions and data-driven insights for seamless supply chain operations. This focus on operational efficiency and strategic support positions Praktis as a key enabler for businesses seeking to optimize their logistics and distribution networks.
How much funding has Praktis raised?
Praktis has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2023): $20M with participation from Triputra Group, East Ventures, and Smdv
Key Investors in Praktis
Triputra Group
Triputra Group is a diversified Indonesian conglomerate with interests spanning agribusiness, manufacturing, trading, services, energy, and education. They focus on meritocracy and inclusivity, aiming to create economic opportunities and improve community living standards through long-term positive impact and sustainable growth.
East Ventures
East Ventures is a leading venture capital firm in Southeast Asia, actively investing in visionary founders from Seed to Growth stages. They emphasize sustainable development and social impact through ESG-driven initiatives, supporting tech founders and disruptors across various sectors to foster regional innovation.
Smdv
Smdv operates within the Industrial Machinery & Equipment sector, based in Busan, South Korea. The company focuses on providing solutions within its industry, contributing to the manufacturing and equipment landscape.
What's next for Praktis?
The recent major strategic investment signifies a critical growth phase for Praktis, likely enabling expansion of its technological infrastructure, enhancement of its data analytics capabilities, and broader market penetration. This capital infusion is expected to fuel further innovation in supply chain management, allowing Praktis to offer more sophisticated solutions to its retail clients and solidify its market position. The company's trajectory suggests a continued focus on leveraging technology to streamline complex supply chains and drive business efficiency.
See full Praktis company page
