Fremont California based LogiNext is raising $100,000,000.00 in New Equity Investment.
Fremont, CA – According to filings with the U.S. Securities and Exchange Commission, LogiNext is raising $100,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Dhruvil Sanghvi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About LogiNext
LogiNext is a global technology and automation company with a focus on the transportation, home deliveries, omni-channel fulfillment and B2B distribution market. Growing at an average rate of 150% YoY, LogiNext has helped its clients digitise and optimise order scheduling, customer communication, routing, dispatching and real-time tracking to reduce logistics costs and achieve operational excellence. A SaaS product configurable for CEP (Courier, Express and Parcel), QSR chains, Retail & eCommerce, and Transportation, LogiNext has more than 200 clients across 50+ countries. Headquartered in New York, LogiNext is backed with $50 million across three rounds of private equity investments made by Alibaba funded companies, Tiger Global Management and Steadview Capital. It has regional offices in Dubai, Mumbai, Delhi, Kuala Lumpur and Jakarta.
To learn more about LogiNext, visit http://www.loginextsolutions.com/
Contact:
Dhruvil Sanghvi, Chief Executive Officer
510-894-6225
https://www.linkedin.com/in/dhruvilsanghvi/
SOURCE: http://www.intelligence360.io
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