About LogiNext
LogiNext is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2014 by Dhruvil Sanghvi. It operates as a cloud-based AI platform for transportation management and optimization is provided. It operates on a SaaS (Software-as-a-Service) model. LogiNext has raised $49.48 million across 4 funding rounds from investors including Paytm, Alibaba.com and One97 Communications. The company has 64 employees. LogiNext has completed 1 acquisition, including YourGuy. LogiNext was last valued at $100 million in January 2020. Its chief executive is Dhruvil Sanghvi. Its website loginextsolutions.com draws about 288 thousand monthly visits. Its Indian entity Loginext Solutions Private Limited reported revenue of ₹7.4 Lakh. The company has since been acquired. LogiNext offers products and services including LogiNext Mile, LogiNext Reverse, LogiNext On-Demand, LogiNext Haul, and LogiNext Driver App. Its focus areas include Technology, Software, Logistics Software and Transportation. Its competitors include Freight Tiger, Logospot, Shipwell, PCS Software and Transporeon and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 64
- Founders Dhruvil Sanghvi
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website loginextsolutions.com
- Social LinkedIn X Facebook
- Legal Name Loginext Solutions
- Date of Incorporation 21 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.4 Lakh
FY 2021 · -99% YoY
- Net Loss-₹75.4 Lakh
FY 2021 · -1016% margin
- EBITDA-₹74.2 Lakh
FY 2021 · -1000% margin
- Total Equity Funding$49.48M (USD)
in 4 rounds
- Latest Funding Round$39M (USD), Series B
Jan 2020
- InvestorsPaytm
& 47 more
- Employee Count64
- Investments & Acquisitions
Associated legal entities of LogiNext
LogiNext operates through Loginext Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Loginext Solutions Private Limited CIN U63090MH2014PTC253522 | Strike Off | 21 Feb 2014 | Mumbai, Maharashtra | ₹0.1 Cr | 64 | 2 | View details |
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.
Apps and channels of LogiNext
LogiNext publishes 4 mobile apps with over 155K+ downloads.
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.
- Total Funding $49.48M
- Total Rounds 4
- Last Round Series B — $39M
- First Round $482,674
(Apr 2015)
- Investors Count 48
All 4 funding rounds of LogiNext with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $39M | Series B | $100M | Steadview, Tiger Global Management | – |
| Jun 2019 | – | Series A | – | Plug and Play Tech Center | – |
| Sep 2015 | $10M | Series A | – | Paytm, Alibaba | – |
| Apr 2015 | $482,674 | Seed | $1.54M | Abhishek Agarwal |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $100M | •••••••• |
| Sep 2015 | $1.52M | •••••••• |
| Apr 2015 | $••••• | •••••••• |
Full valuation and stage history of LogiNext
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $100M (Jan 2020). 48 investors in total: 16 institutional and 32 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Technology company focused on building bonds through software. | 2012 | graycellventures.com | Chandigarh, India | |
Angel network focused on India, Singapore, and U.S based companies | – | sgan.sg | Singapore, Singapore | |
Private equity funds are managed with emphasis on acquisitions. | – | frescoglobal.com | London, United Kingdom | |
Angel investor network investing in early-stage startups | – | iangroup.vc | Delhi, India | |
Logistics tech and multiple sectors are funded by VAPP Ventures. | – | vappventures.tcc.mode | Kolkata, India | |
Invests in public and private companies with focus on technology and growth sectors. | 2009 | steadview.com | London, United Kingdom | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | paytm.com | Noida, India | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | alibaba.com | New York, United States |
Investor details for LogiNext
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Board of directors of Loginext Solutions Private Limited (LogiNext)
Loginext Solutions Private Limited is the primary company behind LogiNext. The board of Loginext Solutions Private Limited currently have 2 directors; the longest-serving is Dhruvil Rajeshbhai Sanghvi, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhruvil Rajeshbhai Sanghvi DIN 06798947 | Director | 21 Feb 2014 | 12 yrs 7 mo | Loginext Solutions Private Limited |
| Manisha Raj Raisinghani DIN 06798956 | Director | 21 Feb 2014 | 12 yrs 7 mo | Loginext Solutions Private Limited |
People of LogiNext
51 people are tracked at LogiNext (11 in leadership, 40 in team); the tracked headcount is 64.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Chetan Shetty | Assistant Vice President | Leadership |
Ragitha Visai | Associate Vice President | Leadership |
Ayub Naikwadi | Region Head - Client Success Operations [enterprise & Mid-markets] | Europe & Middle-east | Leadership |
Sushant Sood | Associate Vice President | Leadership |
Vaibhav Upadhyay | Associate Vice President Product Engineering | Leadership |
Dhaval Thanki | Executive Vice President | Leadership |
Dinesh Dixit | Vice President - Account Management | Leadership |
Dipan Mehta | Associate Vice President - Product Engineering | Leadership |
Stephanie Crognier | Chief Technology Officer | Leadership |
SuShiL S | Associate Vice President - Account Management | Leadership |
Ayush Shrivastava | Software Engineer | Team |
Saurabh Sharma | Client Success Manager | Team |
Pothen Alexander | Sr. Manager - Account Excellence | MEA Region | Team |
Sameer Patil | Software Developer | Team |
Netra Gupta | Marketing Manager | Team |
Anil Bohra | Account Receivable Credit Manager | Team |
Snehal Pawar | Software Developer | Team |
Sahil Dhakad | Principal Software Engineer | Team |
Ghizlane Elbadii, PMP, CISCP | Key Account Manager | Team |
31 more people are available in the full profile.
Complete people profiles for LogiNext
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Financials of LogiNext
Figures of Loginext Solutions Private Limited, the primary company behind LogiNext, for FY 2021. Revenue was ₹7.4 Lakh (-99% year on year). Net loss was -₹75.4 Lakh (-1016% margin). EBITDA was -₹74.2 Lakh (-1000% margin). Revenue has grown at a compounded annual rate of -80% over three years and -43% over five years.
- ₹7.4 LakhRevenue · FY 2021 · -99% YoY
- -₹75.4 LakhNet loss · -1016% margin
- -₹74.2 LakhEBITDA · -1000% margin
- ₹42.6 LakhPaid-up capital
- 64Employees (provident fund records)
- -80%Revenue CAGR, 3 years
- -43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Loginext Solutions Private Limited are on its company page.
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
B2B platform for on-demand local delivery | yourguy.in | Mumbai, India | 2014 | Apr 2016 | $1.5M |
Complete acquisition details for LogiNext
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Timeline of LogiNext
5 dated milestones of LogiNext across 6 years, from founding to its latest funding, stage changes and deals.
- Founded LogiNext is founded.
- Funding First funding round of $483K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires YourGuy.
- Funding Latest funding round, Series B, of $39.0M.
Competitors of LogiNext
LogiNext has 9 listed competitors in our database, 8 of them funded. They include Freight Tiger, Logospot, Shipwell, PCS Software and Transporeon, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| logi-spot.com | 2005 | Seoul, South Korea | $38.54M | – | SaaS-based transport management solutions are provided by LogiSpot. | |
| shipwell.com | 2016 | Austin, United States | $47.08M | 127 | Online booking platform for freight transportation | |
| pcssoft.com | 1997 | Houston, United States | $300,000 | 87 | AI & SaaS-driven transportation management software solution provider | |
| transporeon.com | 2000 | Ulm, Germany | – | – | Cloud-based transport management solutions are provided for logistics enterprises. | |
| roserocket.com | 2015 | Toronto, Canada | $63.12M | – | A web-based transportation management system is provided for logistics operations. | |
| instafreight.de | 2016 | Berlin, Germany | $58.41M | 159 | Offers transport management solutions for road freight industry | |
| zuumapp.com | 2016 | Ontario, United States | $32.68M | 48 | Shippers and carriers are connected through a web-based freight marketplace. | |
| alvys.com | 2020 | Solana Beach, United States | $66.8M | – | Offers cloud-based transportation management solutions |
Detailed competitors of LogiNext
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Web traffic of LogiNext
The website of LogiNext (loginextsolutions.com) receives about 287.5K visits a month and ranks #127,597 among all websites worldwide, #3,367 in Business Services.
- Monthly visits287.5K
▲ 0.6% vs previous month
- Unique visitors29.9K
per month
- Global rank#127,597
among all websites
- Category rank#3,367
Business and Consumer Services · Business Services
- Bounce rate26%
- Pages per visit11.1
- Average visit16 min 37 sec
- DevicesDesktop 78% · Mobile 22%
Websites whose visitors overlap most with LogiNext. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
smartroutes.io | smartroutes.io | 100% | – | #645,468 | – |
| getcircuit.com | 92% | 23.8K | #790,481 | View details | |
| fareye.com | 92% | 56.5K | #520,326 | View details | |
| bringg.com | 88% | 1.2M | #40,432 | View details | |
articlegateway.com | articlegateway.com | 83% | – | #709,721 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for LogiNext
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Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as LogiNext (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about 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. The company's 1st funding round was a Seed of $482.67K, raised on Apr 2015.
LogiNext has 64 employees.
The primary company behind LogiNext, Loginext Solutions Private Limited, reported revenue of ₹7.4 Lakh for FY 2021, down 99% year on year.
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.