Kargo Technologies

Kargo Technologies is a Jakarta-based logistics and technology company building a digital freight network in Indonesia. Its core platform is a B2B truck-serving marketplace that connects shippers with carriers and drivers, using digitized freight matching and real-time shipment tracking to improve supply chain efficiency. Business customers order trucks through an app, and the platform matches that demand directly with truck operators and third-party logistics providers on time, place and price, removing layers of intermediaries.

Beyond marketplace matching, Kargo offers an end-to-end service portfolio covering first mile, middle mile, last mile, door-to-door delivery, freight forwarding and fulfillment, and sells Kargo Nexus, a transport management system with automation and real-time tracking features that can be integrated with customer systems via API. The company also markets an electric-truck offering, positioning EV fleets as a means to reduce logistics costs and to supply carbon footprint reporting for customers' ESG disclosures.

Kargo states it has served more than 100 brands across sectors including FMCG, electronics and e-commerce, and reports a network of over 100 transporters, more than 1,500 companies served and over 8,000 drivers. Coverage cited by the company describes a network of 40,000 trucks and more than 200 enterprise clients as of 2025.

Founding story

Tiger Fang worked in Southeast Asia from around 2010, first as a Lazada executive in Thailand and then at Uber, where he launched operations in Malaysia, Thailand and Indonesia before running Chengdu and the Western China region and later returning to Southeast Asia. Through that work he identified inefficiencies in Indonesian trucking. Entering B2B logistics as a new sector for him, he joined with co-founder Yodi Aditya, whose existing web-based logistics marketplace Kargo.id was combined with the new venture to form Kargo Technologies. Fang previously held roles as Managing Director of Lazada Group in Bangkok and Assistant Vice President at Bank of America-Merrill Lynch in New York, and holds a BBA from the University of Hawaii.

Business model

Kargo operates a B2B marketplace and software model: business shippers order trucks through its platform, and demand is matched directly with truck operators and third-party logistics providers by time, place and price, removing intermediaries from the transaction. Alongside the marketplace, the company licenses Kargo Nexus, a transport management system used by shippers and transporters to manage and scale their logistics operations, and offers managed freight services spanning first, middle and last mile, door-to-door delivery, freight forwarding and fulfillment.

Revenue is generated through marketplace commissions on freight matching, subscription software fees for the Kargo Nexus transport management system, and managed logistics and fulfillment services.

Traction

The company reports serving more than 100 brands and over 1,500 companies, with a network of more than 100 transporters and over 8,000 drivers; coverage cited by the company describes 40,000 trucks and more than 200 enterprise clients as of 2025. Named customers include Danone Indonesia, SPX, Astro and Teleport. Third-party data lists roughly 287 employees.

Latest developments

In 2025 Kargo adopted electric vehicles for its freight fleet and launched an EV trucking partnership program with selected clients, targeting deployment of more than 500 EVs in the year, 2,500 vehicles by 2026, and full electrification of operations by 2035. The company said it had begun EV truck testing in Indonesia, with Malaysia pilots planned by the end of the year and Singapore and Thailand programs to follow in 2026. It framed the shift around operating efficiency, decarbonization and the longer-term potential of autonomous driving.