Did LogiNext’s $50M Journey End with the Asset Liquidation for $250K?

Did LogiNext’s $50M Journey End with the Asset Liquidation for $250K?

5 Minuten

Beschreibung

vor 1 Jahr

In this podcast, we’ll be talking about "LogiNext Solutions", a
global logistics SaaS startup that, despite its tremendous growth
trajectory, has reportedly liquidated its assets.


Over the years, it raised a total of $50 million, achieving its
peak valuation of $100 million after a $39 million funding by
global heavyweights like Tiger Global and Steadview.


In a surprising turn of events, LogiNext has recently liquidated
its assets for just $250,000, according to a board resolution on
July 8, as reported by the Economic Times.


The podcast covers the key learnings from the LogiNext Journey.

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