US-based LogiNext, which has R&D facility in India, raises $39 mn

California-based logistics tech startup LogiNext, which has its R&D facility in Mumbai, raised $39 million in a Series B funding led by Tiger Global, Steadview Capital, among others. Post the round, LogiNext's valuation stands roughly at $100 million. Founded in 2014 by Dhruvil Sanghvi and Manisha Raisinghani, it had raised $10 million in Series A led by Paytm and Alibaba.