Participated · Seed · Jun 2023

Baskit operates a distribution-focused supply chain business that it has built and tested in Indonesia over the last three years. The company raised US$4.4 million in the first tranche of its Series A led by Cento Ventures with participation from Kaya Founders, Analog Ventures, and Orvel Ventures. Baskit intends to scale its distribution model beyond Indonesia into other countries. The articles do not disclose revenue, user counts, or prior funding details. The company positions its tested model as suited to complex Southeast Asian markets as it pursues regional expansion.