The startup operates a business-to-business cross-border transaction platform that utilizes smart contracts and secure document exchange to streamline logistics and trade financing. By integrating ocean and land freight services with customs brokerage and order management, it simplifies the complexities of international trade for businesses.
Funding
$220K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized businesses (SMBs) engaged in international trade face complexities in managing cross-border transactions, including freight booking, trade finance, payments, quality assurance, and secure document exchange. These processes often involve multiple platforms and intermediaries, leading to inefficiencies, increased costs, and potential delays.
Solution
Taram provides a unified, business-to-business (B2B) platform designed to streamline global cross-border trade operations. The platform integrates services such as sea, air, and land freight booking, trade finance solutions (including invoice factoring), payment services with smart escrow and forex, quality assurance services (vendor due diligence, factory audits, and quality testing), insurance options, and digital document exchange. By connecting these services within a single interface, Taram aims to reduce the time and cost associated with international trade, while also enhancing security through smart contracts and secure document handling. The platform enables customers to register, select needed services, receive quotations from vendors, and execute smart contracts that govern service execution and payment settlement.
Target Audience
Taram primarily targets SMBs and large-scale businesses involved in import and export activities, seeking to optimize their cross-border trade operations.
Features
- Integrated freight services for sea, air, and land transportation.
- Payment services including instant settlement, letter of credit, smart escrow, and forex.
- Access to trade finance solutions such as invoice factoring.
- Quality assurance services including vendor due diligence, factory audits, loading inspection, and quality testing.
- Digital document exchange for secure title transfer.
- Smart contract creation and execution to automate service agreements and payments.
- Multi-currency accounts supporting over 100 currencies.
- API for managing global payments, treasury, and embedded finance.