About Luwjistik
Luwjistik is a company based in Singapore (Singapore) founded in 2021 was acquired by Shippit in October 2022.. Luwjistik has raised $1.1 million across 1 funding round from investors including Shippit, East Ventures and Global Founders Capital. Luwjistik offers products and services including Luwjistik Platform, L-Parcel, L-Freight, L-Control, and L-Chat. Luwjistik operates in a competitive market with competitors including CONNECTA, Overseas Project Cargo Association, CarrierSource, DigiFreight Global Network and Crosstrades, among others.
- Headquarter Singapore, Singapore
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Luwjistik
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Products & Services of Luwjistik
Luwjistik offers a comprehensive portfolio of products and services, including Luwjistik Platform, L-Parcel, L-Freight, L-Control, and L-Chat. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified API for connecting logistics partners and managing supply chains.
System for streamlined order submission and shipment tracking.
Platform for efficient air and land freight with group rates.
Tools for planning and optimizing logistics workflows.
Chat system for direct communication with partners.
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Funding Insights of Luwjistik
Luwjistik has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in September 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.1M
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First Round
First Round
(30 Sep 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - Luwjistik | Valuation | East Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Luwjistik
Luwjistik has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Shippit, East Ventures and Global Founders Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Order fulfillment and shipping solutions are provided for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Luwjistik
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Luwjistik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Luwjistik Comparisons
Competitors of Luwjistik
Luwjistik 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 CONNECTA, Overseas Project Cargo Association, CarrierSource, DigiFreight Global Network and Crosstrades, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global platform uniting freight forwarders for networking and business expansion.
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| domain | founded_year | HQ Location |
Serves as a global network connecting project agents, freight forwarders, and logistics companies.
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| domain | founded_year | HQ Location |
Offers a community platform for freight forwarders
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| domain | founded_year | HQ Location |
Networking platform for freight forwarders with virtual meetings and event scheduling.
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| domain | founded_year | HQ Location |
Global network linking trusted freight forwarders for logistics collaboration and growth.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Luwjistik
Frequently Asked Questions about Luwjistik
When was Luwjistik founded?
Luwjistik was founded in 2021.
Where is Luwjistik located?
Luwjistik is headquartered in Singapore, Singapore.
Is Luwjistik a funded company?
Luwjistik is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Sep 30, 2021.
What does Luwjistik do?
Luwjistik was founded in 2021 in Singapore. A web-based platform is operated to link logistics service providers in the logistics sector. Last-mile deliveries are enabled via a network of partners. On-demand access to partners is facilitated, along with workflow management and data handling. Operations are centered in Singapore, supporting regional logistics coordination.
Who are the top competitors of Luwjistik?
Luwjistik's top competitors include CarrierSource, Cargors and Freight Engage.
What products or services does Luwjistik offer?
Luwjistik offers Luwjistik Platform, L-Parcel, L-Freight, L-Control, and L-Chat.
Who are Luwjistik's investors?
Luwjistik has 3 investors. Key investors include Shippit, East Ventures, and Global Founders Capital.
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