About LogiNext
LogiNext is a company based in Mumbai (India) founded in 2014 by Dhruvil Sanghvi. It operates as a SaaS (Software-as-a-Service). LogiNext has raised $49.48 million across 4 funding rounds from investors including Paytm, Alibaba.com and One97 Communications. The company has 64 employees as of April 07, 2024. LogiNext has completed 1 acquisition, including YourGuy. LogiNext offers products and services including LogiNext Mile, LogiNext Reverse, LogiNext On-Demand, LogiNext Haul, and LogiNext Driver App. LogiNext operates in a competitive market with competitors including Freight Tiger, Logospot, Shipwell, PCS Software and Transporeon, among others.
- Headquarter Mumbai, India
- Employees 64 as on 07 Apr, 2024
- Founders Dhruvil Sanghvi
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Loginext Solutions
- Date of Incorporation 21 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$9.99 K (USD)-99.46as on Mar 31, 2021
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Net Profit
-$101.44 K (USD)93.29as on Mar 31, 2021
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EBITDA
-$109.81 K (USD)92.92as on Mar 31, 2021
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Total Equity Funding
$49.48 M (USD)
in 4 rounds
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Latest Funding Round
$39 M (USD), Series B
Jan 24, 2020
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Investors
Paytm
& 47 more
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Employee Count
64
as on Apr 07, 2024
- Investments & Acquisitions
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Acquired by
(Aug 16, 2024)
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Products & Services of LogiNext
LogiNext offers a comprehensive portfolio of products and services, including LogiNext Mile, LogiNext Reverse, LogiNext On-Demand, LogiNext Haul, and LogiNext Driver App.
Software for last-mile delivery optimization and tracking.
Solution for managing reverse logistics and returns.
Platform for on-demand delivery and scheduling services.
Tool for line haul and transportation management.
Mobile app for drivers to manage deliveries.
People of LogiNext
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Funding Insights of LogiNext
LogiNext has successfully raised a total of $49.48M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $39 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in LogiNext
LogiNext has secured backing from 48 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Paytm, Alibaba.com and One97 Communications.
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Venture and private equity investments are managed with global diversification.
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Startups are accelerated and invested in across multiple tech sectors.
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Technology company focused on building bonds through software.
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Investor details for LogiNext
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Investments & Acquisitions by LogiNext
LogiNext has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include YourGuy.
Investment portfolio details for LogiNext
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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B2B platform for on-demand local delivery
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Complete acquisition details for LogiNext
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Financial Statements - LogiNext
Detailed financials for LogiNext
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Loginext Comparisons
Peer comparison for LogiNext
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Competitors of LogiNext
LogiNext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freight Tiger, Logospot, Shipwell, PCS Software and Transporeon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Online booking platform for freight transportation
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AI & SaaS-driven transportation management software solution provider
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Cloud-based transport management solutions are provided for logistics enterprises.
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Detailed competitors of LogiNext
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Latest news on Loginext
Complete news archive for LogiNext
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Frequently Asked Questions about LogiNext
LogiNext was founded in 2014 and raised its 1st funding round 1 year after it was founded.
LogiNext is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dhruvil Sanghvi is the current CEO of LogiNext. They have also founded this company.
LogiNext is a funded company, having raised a total of $49.48M across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at LogiNext is 64.
Annual revenue of LogiNext is $9.99K as on Mar 31, 2021.
LogiNext is established as a provider of AI-powered logistics software solutions. Operations are focused on automating and optimizing delivery processes across various industries, including courier, retail, e-commerce, consumer packaged goods, food and beverage, and transportation. Solutions such as LogiNext Mile, Reverse, On-Demand, Haul, and Driver App are offered to enhance last-mile delivery, route planning, and live tracking. The platform is utilized for end-to-end logistics management, supporting both pickup and delivery use cases.
LogiNext's top competitors include Freight Tiger, Shipwell and RoseRocket.
LogiNext offers LogiNext Mile, LogiNext Reverse, LogiNext On-Demand, LogiNext Haul, and LogiNext Driver App.
LogiNext has made 1 acquisition, including YourGuy.
LogiNext has 48 investors. Key investors include Paytm, Alibaba.com, One97 Communications, Plug and Play Tech Center, and GrayCell Ventures.
The valuation of LogiNext is $100M as of Jan 2020.