Rida Global Pte. Ltd.

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Rida Global Pte. Ltd. - overview

Established

2020

Location

-, -, Singapore

Primary Industry

Software

About

Based in Singapore, and founded in 2020 by James Lam, Joseph Ting, and Sam Lim, Rida Global Pte. Ltd. is a real-time delivery aggregation company that utilizes algorithms to help third-party logistics providers in choosing delivery options. In January 2022, Rida Global Pte.


Ltd. raised USD 500,000 in venture funding from Hustle Fund and iSeed Ventures. Rida Global Pte. Ltd.


provides built-in AI optimizations to bring businesses’ routes optimized for delivering the products within its delivery network in real-time. The company provides a digital platform that includes in-built integrations for delivery partners, providing access to cost-effective and available deliveries. In addition, the company provides a wide range of same-day experiences, such as returns, pharmaceuticals, and delivery marketplaces. Rida’s client base includes Ferne, Bengawan Solo, HiDoc, Grain, Bungkus, and more.


Rida Global Pte. Ltd. generates revenue by pricing its platform packages, which include on-demand (USD 6. 50), delivery windows (USD 5.


20), and scheduled (USD 7. 5).


Current Investors

iSeed Ventures, Hustle Fund, NGarde Ventures

Primary Industry

Software

Sub Industries

Logistics Software

Website

www.rida.ai

Verticals

Artificial Intelligence, IoT (Internet of Things)

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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