Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus

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Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coronavirus. Silicon Valley-based Tenaya Capital, Sequoia India, and Intudo Ventures among others financed Kargo’s Series A round. The startup, which has raised $38.6 million to date, counts Uber founder…
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