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.
Meet our Senior Team
View More Transactions
Lincoln International advised Cam Tran on its sale to Central Moloney Incorporated, a portfolio company of Wind Point Partners
Lincoln International advised Verium, founders and management on the sale of Quickmail and Quickpac's operations to Planzer
Lincoln International advised Consilium Private Equity and other shareholders on the sale of GMM Group to Biesse
Kept Companies, a portfolio company of ACON Investments, was recapitalized by DFW Capital Partners
Lincoln International advised Ciklum, a portfolio company of Recognize Partners, on acquiring Infogen Labs
Lincoln International advised Azbil Corporation on the sale of Azbil VorTek to Sierra Instruments, a portfolio company of Berwind Corporation
Lincoln International advised Aquiline Capital Partners on the acquisition of Health Prime from GPB Capital Holdings
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.