Ruya Partners, a leading private credit investment firm based in Abu Dhabi, has announced a US$15 million private credit investment in TruKKer Holding Limited, the largest digital freight and logistics platform operating across the Middle East, North Africa, and Central Asia. The deal marks the sixth investment from Ruya’s flagship fund, Ruya Private Capital I, and brings the fund’s deployment to 90%.
Founded in 2016, TruKKer operates a real-time freight marketplace that connects over 60,000 transporters with more than 1,200 enterprise clients in nine countries, including Saudi Arabia, the UAE, Oman, Jordan, Turkey, and Kazakhstan. Its platform digitizes and streamlines freight operations through AI-powered features, enabling intelligent scheduling, dynamic pricing, and multi-party contract and payment automation.
“TruKKer is a standout example of entrepreneurial innovation transforming a fragmented logistics sector,” said Rashid Siddiqi, Partner and Co-Chief Investment Officer at Ruya Partners. “Our investment supports TruKKer’s leadership in tech-enabled freight and aligns with national visions for digital transformation in Saudi Arabia and the UAE.”
“We are pleased to welcome Ruya Partners as a long-term strategic investor,” said Gaurav Biswas, Founder and CEO of TruKKer. “Their participation strengthens our institutional investor base and enhances our capital structure as we scale our platform and expand across regional supply chains.”
The capital will be used to deepen TruKKer’s regional expansion, enhance its technology stack, and support further innovation in AI-driven logistics solutions. With strong institutional backing—including Mubadala, ADQ, Investcorp, and STV—TruKKer continues to solidify its position as the MENA region’s dominant freight tech player.