Indonesia’s Praktis aims to elevate D2C brands with impeccable supply chain services

Based in Indonesia Praktis is an end-to-end supply chain enabler that leverages technology to assist direct-to-consumer fashion and beauty brands optimize their operations. Acting as a single point of contact for these brands, Praktis simplifies the operations process and delivers a seamless experience, allowing brands to concentrate on their core competencies and unlock their maximum growth potential.

During an engaging conversation with #biztechasia, Adrian Gilrandy, the passionate Co-Founder and CEO of Praktis, shared insights on how the company is strategically tapping into Indonesia’s booming e-commerce industry which is notably projected to account for 50% of all e-commerce transactions in Southeast Asia by 2025. In addition, Adrian shed light on the prevalent challenges encountered within the logistics and supply chain landscape of the country, while also highlighting how Praktis is actively addressing pain points in this industry.

Additionally, Adrian spoke about several key points:

Praktis’s journey from inception to where it is today
The acceleration of Praktis’s growth: Adrian emphasized the impressive growth trajectory of Praktis, sharing that the company experienced a remarkable 4x year-over-year revenue growth in 2022. He also mentioned the substantial growth of 12x between 2020 and 2021, showcasing the rapid expansion of the company.
Success stories of Praktis assisting customers in leveling the playing field with their competitors: Adrian shared inspiring success stories of how Praktis’s solutions have empowered their customers, enabling them to compete effectively with their rivals in the market.
Praktis’s broader ecosystem beyond logistics and supply chain solutions: Adrian highlighted that Praktis aims to build more than just logistics and supply chain solutions; they are actively developing an ecosystem that offers additional value-added services to their customers.
The company’s recent funding round and deployment plans: Adrian discussed Praktis’s recent funding round, providing insights into how they secured investment. He also outlined the company’s strategic plans for utilizing these funds to further enhance their operations and expand their reach.
Three key lessons from Adrian’s entrepreneurship journey: Adrian shared three valuable lessons he learned along his entrepreneurial path, offering valuable insights and wisdom gained from his personal experiences.