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[Funding Alert] Indonesia-based Blitz Electric Mobility Secures $1.6 Million in Funding

At Blitz, fleets of electric vehicles, data-driven solutions, and cutting-edge AI are revolutionizing logistics. Their special fusion of creativity and technology guarantees efficient delivery and top-notch services.

ADB Ventures led the round, which increased the total amount of capital to USD 2.6 million. Iterative VC, FiveFortyAlpha, Third Derivative, BonBillo Fund, Bansea, and Satvik Investments also participated.

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With the money, the company hopes to expand faster throughout Indonesia and solidify its position as the nation’s top enabler of electric vehicle logistics.

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Data-driven logistics enabler in Southeast Asia, Blitz is led by CEO and former Hyperloop engineer Saivya Chauhan. Businesses across many sectors utilize its private label services, integrating its operations, EV fleets, and logistic tech stack to optimize delivery effectiveness and profitability.

The company, which Chauhan founded in 2019, works with over 30 enterprise clients in eight industry areas, including Lazada, BliBli, eFishery, JNE, Zalora, and SayurBox. It is based nationwide in 20 Indonesian locations.

About Blitz

Blitz is committed to revolutionizing the logistics industry by providing effective and sustainable delivery solutions. By emphasizing operational excellence and environmental sustainability, they want to spur industry-wide change. Blitz intends to grow to 40 Indonesian cities by 2024 with a monthly goal of 2 million green deliveries.

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