UAE's 'Uber for trucks' eyes expansion as it seeks further funding

Start-up Trukker is looking at more countries in the Gulf as well as Pakistan and Jordan for growth in 2021

Trukker recently signed a $10m deal with Silicon Valley-based Partners for Growth to provide venture debt to finance its receivables.

UAE-based start-up Trukker has revealed ambitious expansion plans for next year as it seeks further funding.

The company, which provides an Uber-esque service for trucks, is currently in the process of a Series B round of funding, which is scheduled to complete in the first quarter of 2021, according to Anish Garg, vice president of operations for Trukker, although he did not reveal the company valuation.

It forms part of what promises to be a busy 12 months for the business, which is a market leader in the UAE, Saudi Arabia and Egypt, while it also operates in Bahrain.

Garg told Arabian Business: “We are planning to launch in Oman, Kuwait and a host of GCC countries. We have a very significant expansion footprint across the Africa and the Levant region also, where we are exploring countries which are similar to Egypt, for example Jordan and others.

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