Automation startup LogiNext gives 16-fold exit to angel investor

Sanjay Mehta, who has invested in more than 130 companies, including OYO Rooms and Box8, sold his entire stake in LogiNext to Tiger Global Management & Steadview Capital, Mehta had led a INR 3 crore investment, along with a few other angel investors.

LogiNext is a transportation software-as-a-service (SaaS) startup that provides delivery logistics automation, real-time route optimization, dispatch and workforce management and post-delivery processing and analytics of business-to-business (B2B) transportation or business-to-consumer (B2C) delivery business.

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