Picap, a digital logistics platform, announced its launch into Paraguay and Guatemala.
Picap offers logistics solutions such as vehicle rental, rapid and special delivery, and automated software for logistics management. The startup is currently active in major cities across Colombia, Brazil, Mexico, and Peru.
The platform has experienced huge growth in the past year with the increasing demand for delivery services in Latin America. Picap currently serves more than 10,000 companies with its services and is now looking to new markets to increase its scope.
Picap will launch into Paraguay and Guatemala with its two main services, Pibox and Picap rent. These softwares will help create a strong base to attract clients before launching other products.
“The first step is to make the commercial channels profitable and start generating revenue from our infrastructure by the third quarter of the year. We are looking to position ourselves as leaders in the market by 2022,” said the company.
The company expects to quickly reach a 30% growth per trimester in the two markets.