Sunday, 15 March, 2026
SaaS Startup LogiNext Liquidates Assets for $250K After Raising $50 Million
By Isha
LogiNext, a SaaS startup, has liquidated its assets to a U.S. entity for $250,000 despite previously raising $50 million in funding. The move highlights the challenges faced by the company in sustaining its operations. This decision comes as a strategic shift after failing to meet growth expectations, marking a significant turn for the logistics technology firm.
Read full story at Economic Times