TheLorry has now announced that they have successfully received the latest fundraising injection, which was done on a joint cost basis, amounting to RM4,140,000. A total of RM3,375,000 was raised through Pitchin's co-financing platform, while the remaining RM765,000 was investment from MyCIF.
Through this new investment fund injection, TheLorry will continue to focus on expanding TheLorry's market share, including further strengthening TheLorry's operations in Indonesia.
TheLorry's founder, Nadhir himself will move to Indonesia in the second half of this year 2023, focusing on the country's market which has almost 300 million inhabitants.
TheLorry is a service that makes it easy for users to book rental lorries to transport goods, move house, etc. It has been operating since 2014 in Malaysia, and has also expanded its offering to several other countries in Southeast Asia.
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BUSINESS & MONEY