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Alex Wicks, Founder and CEO of Kargo on the importance of HR in a growing firm

On the back of its latest round of funding, Alex Wicks, Founder and CEO of Kargo, a Myanmar-based logistics startup, spoke exclusively to Human Resources Online on the importance of HR in a growing firm, the top talent trend in Myanmar, and more. Q As an SME, at what stage did you realise the importance […]

Kargo cuts out middleman to simplify goods transport

Kargo, a Yangon-based start-up founded by Australian Alexander Wicks in September 2016, is out to simplify a fragmented transport and logistics market and an opaque pricing structure for transporting goods in Myanmar. The company, which aims to directly link transport and logistics firms with customers, received US$800,000 in pre-Series A funding from Singapore-based Cocoon Capital […]

US$800K In Pre-Series A Funding Secured By Kargo, A Myanmar Based Logistics Startup

Led by Singapore- based venture capital fund Cocoon Capital and the participation from two unnamed angel investors, Kargo, a logistics startup based in Myanmar said that it has raised US$800,000 in a pre-Series A funding round. Cocoon Capital’s US$20 million fund raised last year that targets seed stage tech startups in South Asia has much […]

Kargo is disrupting logistics in Myanmar, one of the world’s most challenging countries

Kargo, a company that takes the spirit of Uber and brings it to the disorganized world of trucking, has raised a US$800,000 round of funding, giving TechCrunch an excuse to delve into the world of startup development in Myanmar, one of the world’s most curious countries. Ostracized from the world until its first free general […]

Burmese trucking logistics company Kargo receives over US$130K from Yoma Bank

Burmese online truck shipment service Kargo has announced that it has inked an SME financing agreement with Yoma Bank, Myanmar’s commercial bank. The partnership will see Kargo receive an initial loan of approximately US$130,000. Through the bank’s Unsecured SME Financing, Kargo plans to facilitate same-day payments to its truck drivers, boost its ability to grow […]

‘Moving Yangon Forward’ towards a better transport system

The question of transportation in Yangon was at the forefront of an event last week. The Moving Yangon Forward: The Urban Mobility Forum held at a hotel in Yangon on February 20 discussed how mobility and transportation in Yangon can be improved to make the city a more inclusive for all. The forum saw the […]

Kargo: Technology Solving the Highway to Logistics Hell

By Ben Roache Coordinating the logistics of trucking goods around Myanmar should be a nightmare. And for foreign firms, or even new companies, it is. Unsurprisingly, this industry is highly inefficient, outdated, and unorganised, plagued with many of the same issues that face other industries in the country, such difficulties in credit and finance, communications, […]

Shaking up the logistics industry by building a community of truck drivers

Is Kargo the Uber with trucks? Not quite AIRBNB threatens the hospitality industry without owning a single hotel; Uber disrupts the taxi industry without owning a car. In Myanmar, Kargo, a logistics start-up, aims to shake up the highly-fragmented logistics industry without owning a single truck. In an interview, George Oliver, the start-up’s chief business […]