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MENA’s largest digital freight firm TruKKer buys Pakistan’s TruckSher

In this undated photo workers of TruKKer, a middle eastern freight network are offloading a consignment in UAE. (Photo courtesy: Trukker)
In this undated photo workers of TruKKer, a middle eastern freight network are offloading a consignment in UAE. (Photo courtesy: Trukker)
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Updated 08 September 2021

MENA’s largest digital freight firm TruKKer buys Pakistan’s TruckSher

MENA’s largest digital freight firm TruKKer buys Pakistan’s TruckSher
  • TruckSher, which started operations in Pakistan in 2021, raised seed investment from VC firm Sarmayacar
  • It has grown healthily in domestic Pakistan long haul sector, did not disclose the financial details of the deal

DUBAI: TruKKer, the largest digital freight network in the Middle East and North African markets, said on Wednesday it had acquired Pakistan’s TruckSher, as part of its expansion plans into the South Asian country.

TruckSher, which commenced operations in Pakistan earlier in 2021, raised seed investment from VC firm Sarmayacar, and has grown healthily in the domestic Pakistan long haul sector, TruKKer said in a statement, but did not disclose the financial details of the deal.

It has presence in Karachi and Lahore, with planned expansion across major industrial zones and ports in Pakistan.

TruKKer, which currently operates a fleet of 35,000+ trucks across its primary markets of ¶¶Òõ¶ÌÊÓƵ, United Arab Emirates, Egypt and other gulf economies, is backed by ¶¶Òõ¶ÌÊÓƵ’s STV and Riyad Taqnia fund, IFC and sovereign funds of Abu Dhabi, among others.