Fontinalis invests in SmartKargo

Air cargo management solution provider SmartKargo has secured an investment from Fontinalis Partners, a firm solely focused on investing in and scaling technology companies that are advancing next-generation mobility.Air cargo management solution provider SmartKargo has secured an investment from Fontinalis Partners, a firm solely focused on investing in and scaling technology companies that are advancing next-generation mobility.


Fontinalis invests in SmartKargo


Air cargo management solution provider SmartKargo has secured an investment from Fontinalis Partners, a firm solely focused on investing in and scaling technology companies that are advancing next-generation mobility. “We are delighted to partner with Fontinalis Partners as we expand our business globally,” said Milind Tavshikar, SmartKargo founder and CEO. “Fontinalis’ commitment to drive innovation across next-generation mobility and depth of their experience in the transportation industry—across all modes—will contribute to SmartKargo’s global growth.”

William C. Ford, Jr., a founder & partner of Fontinalis Partners and executive chairman of Ford Motor Company, said: “We founded Fontinalis Partners with the belief that innovative technology solutions could be impactful in improving mobility globally across all modes. With the proliferation of ecommerce and the growing complexity and global nature of supply chains, SmartKargo is playing a critical role in ensuring that logistics keep pace with this accelerating demand.”

Meanwhile, SmartKargo has gone, or is in the process of going live with three customers – Hawaiian Airlines, which becomes the company’s first customer in the Western Hemisphere with the system powering the carrier’s cargo operations beginning mid-2015, Air Costa, a small but rapidly growing airline based in the Indian state of Andhra Pradesh which began using SmartKargo last October with its fleet of Embraer E-170 and E-190 aircraft serving nine cities in India and Philippines-based low cost carrier, Cebu Pacific which launched SmartKargo as its cargo management platform last August.