Logistics and software company
LogiNext has acquired YourGuy; a Mumbai based cross category last mile delivery
startup. The acquisition is aligned for strengthening and expanding LogiNext
last mile delivery platform Sprintr, launched last week.
Logistics management system Sprintr
is a technology driven platform to both clients and delivery partners.
Aggregating delivery capacity through providing technology to delivery
companies, clients can now just push orders and delivery requests through the
same software across India. This enables the big businesses to get their
delivery sorted, while giving a business to their delivery partners free of
cost.
The Sprintr platform has an active
network of 250 delivery personnel on ground; the platform is managing close to
over 5000 deliveries daily. Sprintr is currently operational in Gurgaon,
Mumbai, Jaipur, and Ahmedabad, handling both pre-scheduled and on-demand
orders. Founded in 2014, YourGuy is valued at $1.5 Million, while processing
4,000 deliveries per day, working for clients in segments including
pharmaceuticals, documents, food, retail, laundry, and grocery.
Further, being a B2B delivery
portal, it hosts clients like Godrej Nature Basket, iChef, Wellness Forever,
Suburban Diagnostics, and several tiffin services. After the acquisition, LogiNext
major task would be to upgrade the fixed expense model of YourGuy to an
automated model, allowing users to sign up and start delivering automatically.
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