News / Feeder line SPIL and PE fund Gobi invest in Indonesian logistics operator

Credit Deliveree.

Continuing the trend of container shipping companies investing in logistics businesses, Indonesian feeder operator PT Salam Pacific Indonesia Lines (SPIL) and private equity player Gobi Ventures have invested $70m in compatriot logistics company Deliveree.

The funds were invested in a Series C round that is usually a start-up’s final phase of venture capital financing. With this latest tranche, Deliveree, which operates in Indonesia, Thailand and the Philippines (under the brand Transportify) has raised $109m in the past five years

While Deliveree has ...