Packer Invests $5 Million In Shipping Aggregator Temando

Fast growth freight aggregator Temando, an Australian start-up, is the latest e-commerce business to attract a significant investment from James Packer's Ellerston Capital.Fast growth freight aggregator Temando, an Australian start-up, is the latest e-commerce business to attract a significant investment from James Packer's Ellerston Capital.E-commerce has received another boost from big business and specifically, James Packer's investment fund, Ellerston Capital. Freight aggregation specialist Temando is the target of Packer's latest foray into e-commerce, with a $5 million injection to foster the company's expansion locally and internationally."The recent investment by Ellerston Capital in Temando gives us both the financial resources and the ability to attract seasoned executives to work with the business, allowing us to take things to the next level," says Carl Hartmann, Managing Director, Temando.The company's success has been built on its innovative, time- and cost-saving cloud-based software. Temando's business model is about aggregating 200 of the top freight carriers into a single access point for the online retailer, allowing them to seamlessly offer best rates and delivery options for every customer. According to Hartmann, the idea for Temando originally came to him when he tried in vain to find a carrier who could cost-effectively ship a statue of Buddha to the other side of Australia. There was no simple way to find the right shipping solution. href='http://magentosupport.help/390/packer-invests-5-million-in-shipping-aggregator-temando/' - http://magentosupport.help/390/packer-invests-5-million-in-shipping-aggregator-temando/ -