Tag: LogiNext backed by Paytm

  • Manisha Raisinghani: Co-founder & CTO at LogiNext

    Manisha Raisinghani is an Indian Entrepreneur who co-founded one of the leading SaaS companies committed to logistics and workforce optimization. She serves as the Chief Technology Officer (CTO)  and Co-founder at LogiNext Solutions. Under her technical guidance, the company won different global awards and is acknowledged as the most well-organised logistics firm. She manages the technical and product lump of the company. In 2018, she was listed in the W-power Trailblazers for Forbes. She has conducted various panel discussions and been a guest lecturer at prestigious B-schools. She was recognized as a Distinguished Alumni of Carnegie Mellon University.

    Manisha Raisinghani – Biography

    Name Manisha Raisinghani
    Born 1985
    Age 36 (2021)
    Nationality Indian
    Current city Mumbai, Maharashtra, India
    Education University of Mumbai; Carnegie Mellon University
    Profession Entrepreneur
    Position CTO & Co-founder, LogiNext Solutions

    Manisha Raisinghani – Personal Life
    Manisha Raisinghani – Education
    Manisha Raisinghani – Professional Life
    Manisha Raisinghani – CTO at LogiNext
    Manisha Raisinghani – Business Idea
    Manisha Raisinghani – Challenges
    Manisha Raisinghani – FAQs


    Challenges faced by SaaS Startups
    The SaaS [/tag/saas/] business model has been making a lot of traction over thelast few years. Stratospheric success of many companies built around SaaS (like Dropbox [/tag/dropbox/] or Slack) and seemingly effortless disruption of theexisting market landscapes they managed to achieve made this m…


    Manisha Raisinghani – Personal Life

    Manisha came from a middle-class family and she asserted in many interviews that it was not at all easy for her to build a logistics-based empire in India. Since her parents had huge expectations and she tried her 110% to stand up to them.

    She believes if a woman sets her goal, no one can stop her from achieving it. She draws inspiration from Sheryl Sandberg (COO at Facebook), Ginny Rometty (Chairman of IBM) and Shekhar Sharma (Founder of Paytm).


    Manisha Raisinghani – Education

    Manisha graduated with a Bachelor’s degree in Electronics & Telecommunications from University of Mumbai (2003- 2007). She completed her Masters in Management Information Systems and Services from Carnegie Mellon University (2011-2012).

    She has received the Outstanding Alumni Award from Carnegie Mellon University. She has certifications from ITIL Foundation and Sun Microsystems.

    Manisha Raisinghani – Professional Life

    Before starting her venture, she worked at five jobs in the past. After graduating in 2007, she worked at Mastek as a Software Engineer for six months. She then joined C2L Biz Solutions Private Limited as a Solution Architect for almost two years.

    While pursuing her post graduation, she joined the prestigious Warner Bros. Entertainment as Big Data Consultant. Along with that, she was also a Research Assistant at Carnegie Mellon University.

    After completing her post graduation, she started working as a Senior Consultant at IBM (2012 to 2014). She founded her logistics company LogiNext in 2015 and serves as its CTO and Co-founder.


    Kishore Biyani – India’s Sam Walton And Retail King | Founder & CEO, Future Group
    The Future Group is one of the biggest names in the Indian business sector. Kishore Biyani, the founder and CEO of Future Group, is widely known as SamWalton of India. Retail King of India Kishore Biyani took the retail industry bystorm. The Future Group has over 70 million square feet of retail …


    Manisha Raisinghani – CTO at LogiNext

    LogiNext Logo

    Manisha co-founded LogiNext with Dhruvil Singhal in 2014 and is headquartered in California, US. The company was launched in 2015, since then she is serving as its CTO and Co-founder. The specific features of the company lies in data virtualization, enterprise software, logistics, and SaaS. Moreover, the company is backed by Paytm.

    LogiNext designs logistics management software that trails the workforce in real-time on a single map dealings. The firm offers logistics data analytics, warehouse management, and asset tracking services, sanctioning companies to plan and manage their dispatch schedule, delivery routes, and capacity in a cost-optimized way.

    The company offers a leaner, faster and self-organized solution. Its proprietary algorithm uses the information of the enormous amount of orders with one-fourth delivery personnel to throw up a solution within seconds. It also saves 7-15 % of the logistics costs for its clients such as D-Mart, Decathlon, and Maruti Suzuki.

    Manisha Raisinghani – Business Idea

    Manisha co-founded LogiNext Solutions with Dhruvil Sanghvi whom she met in 2010 while pursuing her masters at Carnegie Mellon University. However, after 3 years, they met over a cup of coffee and weighed up on the idea of launching a technology that will improve the B2B logistics sector in India.

    They both worked for their project in the US. In 2014, Manisha returned to India to set up LogiNext firm. She used her experience in companies like IBM to raise her company to elevated heights. At age 28, as the CTO, she affirmed that LogiNext is one of the fastest-growing tech firms in the world.


    Sam Altman Story – Education | Net Worth | Professional Life | How to be Successful?
    The field of entrepreneurship is more of a roller coaster ride. With manypersonalities, we come across many stories. These stories are filled withstruggle and desire to reach the top of the mountain. Same is the story aboutSamuel H. Sam Altman. Sam is an American entrepreneur, [/tag/entrepreneurs…


    Manisha Raisinghani – Challenges

    There were challenges that she faced because of the hypocrite thinking of the society, especially when her gender was compared with her genuine intelligible work. She was called bossy and a show-off. However, it was her straight forward manner that promoted mentorship for more women entrepreneurs and pushed her team to reach out of their limits to inculcate exceptional results.  

    She also faces a big challenge in maintaining a equanimity between male and female team members working in her venture. She believed in being bold and hardworking that not only changed mindsets but several lives as well. As a leader, she surprises many stakeholders who do not believe or accept the fact that this can be done by a woman.

    When she left her job in the US to start her own company in India. Society raised a reasonable amount of questions by claiming it was a harsh decision. She believed not to change oneself with an eye to fit into the requirements of society. In India, there was a sloppy logistics industry, and she diligently changed it in a well-organised manner.

    Manisha Raisinghani – FAQs

    What is LogiNext?

    LogiNext designs logistics management software that trails the workforce in real-time on single map dealing. The firm offers logistics data analytics, warehouse management, and asset tracking services, sanctioning companies to plan and manage their dispatch schedule, delivery routes, and capacity in a cost-optimized way.

    Who is the Founder of LogiNext?

    Manisha Raisinghani and Dhruvil Sanghvi are the LogiNext Founders.

    What is Manisha Raisinghani age?

    As of 2021, Manisha Raisinghani is 36 years old.

  • Startups funded by Paytm

    Entrepreneurship is one of the growing professions in the recent years, and cohorts of entrepreneurs are working towards growing their own startups with unique solutions and actionable ideas. Startups with innovative ideas and a roadmap to build a fortune out of them are often funded by venture investment firms that offer private equity finances to startups in need of funds in return for a fraction of the company itself. While discrete firms  exist for such investment, larger corporations including Alibaba and Google haven’t held back from this either.

    Indian fintech giant Paytm, since the previous decade has also made about 17 investments and 11 acquisitions as of March of 2021, and has supported the startup ecosystem in India, and abroad. Other Indian corporations including giants like Reliance and Flipkart have made their share of investments as well, and have helped boost entrepreneurship in the country. In this article, we discuss the top 10 most recent and innovative startups funded by Paytm, and the solutions they have to offer.

    Rooter
    HungerBox
    Infinity Infoway
    Jugnoo
    Tap Chief
    CreditMate
    Unacademy
    LogiNext
    Nearbuy
    QorQL

    Rooter

    Rooter, India’s largest online sports community app has raised a total of $2.7 million over 4 funding rounds from 16 investors, with the latest investment raised in the May of 2020 in Series A funding. The sports community app endeavors to connect users and personalize sports related content for the 300 million Indian sports enthusiasts while also allowing them to curate sports related content in their own preferred language. Users can play and stream popular games such as Valorant, Free Fire, and PUBG, view live streams, switch languages, and avail a lot more amenities such as giveaways and more.

    HungerBox

    HungerBox is a full-stack B2B food and beverage tech company that offers corporate level food solutions through an online platform allowing employees to order food and avail delivery service from cafeteria. HungerBox has thus far raised over $44 million from 10 investors over 8 funding rounds. The technology driven food delivery service aims to boost employee productivity in the corporate world and offer a safe and healthy food experience. HungerBox offers a User App for seamless ordering, a Food Partner POS for user interaction along with an Admin Dashboard for detailed reports and monitoring cafeteria reports.


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    Infinity Infoway

    Founded in 2004 and primarily a travel focused technology company, Infinity Infoway is a software house that builds web, mobile, and software applications, offering digital solutions to business organizations. In the December of 2019, Infinity Infoway was funded by Paytm in the corporate round, where it raised an undisclosed amount. With an endeavor to create unique user experience, Infinity Infoway offers solutions ranging from CRM and SCM to travel and outsourcing to university resource planning. Inn 2011, it was awarded the Outstanding Entrepreneurship Award in MSEs, and currently has offices in both India and abroad.

    Jugnoo

    Jugnoo Startup Story – Founder, Business Model, Funding, Team
    Auto rickshaws are an essential medium of transportation in India, especially intier 2 and tier 3 cities. However, the sector is still unorganized. Owing tothis, many of the times, the auto-rickshaw drivers have to sit idle, while manycommuters have to face inconveniences finding auto rickshaw. T…

    Jugnoo Startup Story

    Founded in 2014, Jugnoo is India’s largest technology driven ride sharing platform and an on-demand auto rickshaw aggregator, that allows users spanning across 40 major cities to connect with drivers with reliable and convenient auto rickshaw for safe commute. Jugnoo has raised about $40 million in funding thus far over 4 funding rounds from 8 investors including Paytm and Snow Leopard Technology Ventures. Along with ride sharing, Jugnoo also offers various other services including trucking and delivery services, Employee transportation, carpooling, along with shuttle and towing services.

    Tap Chief

    Tap Chief, founded in 2016 and acquired by Unacademy as of now is a cohesive platform for finding experts in varying fields and scheduling calls with them to procure necessary advice. Tap Chief has garnered a sum of $2.5 million from 16 investors over 9 funding rounds, with the latest investment having taken place in December of 2019 in the Seed round. Tap Chief started out with a vision and as a group of college students, and has thus far helped 150K entrepreneurs to work with over 250 customers, and has driven over INR 20 Crore in income.

    CreditMate

    Founded in 2016, CreditMate is a platform that addresses the collection of bounced EMIs and bad debt through facilitated by SaaS. Powered by innovative tech and digital-first communications, CreditMate has thus far raised about $5.5 million from 2 investors over 3 funding rounds, and looks to empower borrowers with a better credit score as well as the lenders with an enhanced lending performance. With a focus on helping customers to pay their debt, CreditMate is working with various money lenders including Paytm and Kaarva to offer seamless payments and EMIs, along with a unique borrower experience.

    Unacademy

    Unacademy – EdTech Platform that Reshapes Education | Business Model
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Classroom learning is seen as a hindrance by many to discover new things, and alot of students ar…

    Unacademy Success Story

    Unacademy is one of India’s largest EdTech startups, and offers an online learning platform to both students and educators in the form of a plethora of video lectures and exam preparation courses. Unacademy has garnered a total funding of over $398 million, over 11 funding rounds from 36 investors including some tech giants such as Tiger Global and Nexus Ventures along with Paytm. It offers courses on various subjects for some popular and notoriously tough exams including UPSC, SSC, NEET, JEE, among others along with an intuitive interface for both, the mobile app and the website, allowing users to watch missed classes, and enroll with different instructors.

    LogiNext

    LogiNext is a logistics management software designing company, that helps users track and optimize field services such as shipments and carriers in real-time with a single map interface. LogiNext has garnered a total funding of about $49.6 million from 6 investors and over 3 funding rounds, including some big name such as Tiger Global and Paytm. While the latest funding round was closed in January of 2020, LogiNext had a post-money valuation between $100 ad $500 million, and has acquired Your Guy, a product delivery company in April of 2016.


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    Nearbuy

    Founded in 2011, Nearbuy is India’s first hyper-local E-commerce platform and a one-stop solutions to find and buy almost anything ranging from dinner reservations to salons and spas. Nearbuy has amassed a total investment of over $37 million over 3 funding rounds from 2 investors until it was acquired by Paytm in the December of 2017. Nearbuy also offers various cashbacks, promo codes, and giftcards on restaurant payments and movie tickets along with other discounts on popular brand and offerings such as Rapido, Myntra, and Oyo among many others.

    QorQL

    QorQL is a connected health platform and offers healthcare solutions using AI and big data algorithms advances. QorQL in 2017 raised an undisclosed amount in Corporate funding round from Paytm, and is looking to deploy the funds into digitizing healthcare by combining data from wearable healthcare and clinical devices, and the genome, and using Machine Learning algorithms to use the data and find solutions in the field of healthcare. QorQL has also acquired Raheja QBE, a general insurance service, in the July of 2020 for $76 million.

    Conclusion

    The startup Ecosystem in India has been around for over a couple of decades now, but has just recently received the boost that it needs. With larger corporations and investment firms pouring investments in innovative startups, the room for actionable ideas has expanded, and Paytm hasn’t backed out either. Even other tech giants have launched various incubator programs to help startups with funding and resources, and with all the support and investments from venture firms and big corporations, it is safe to assume that the future of startups in India is propitious to say the least.