LogiNext Solutions has raised growth capital from Steadview Capital and Tiger Global
LogiNext is a software-as-a-service (SaaS) company that leverages machine learning and cloud technology to provide solutions to manage and optimise logistics and field service operations. The company has over 200 clients across e-commerce, retail, consumer goods, express transportation, utilities, food and beverages segments. LogiNext currently operates in 20 countries across the world.
Tiger Global and Steadview Capital are amongst the most prolific investors in SaaS companies.
Preet Singh, Managing Director at Lincoln International, commented, “We are delighted to have advised LogiNext and its shareholders on this transaction. We believe this investment from Steadview Capital and Tiger Global will place LogiNext on an accelerated growth trajectory and enable them to further globalise their business.”
Lincoln International acted as the exclusive financial advisor for LogiNext, working closely with the company’s management team and shareholders throughout the capital raise process. This is the third SaaS transaction advised by Lincoln International in India.
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