Paytm-backed logistics management software provider Loginext Solutions Pvt. Ltd is in advanced talks to acquire India- and US-based field-force management company FieldEZ Technologies Inc.
FieldEZ is backed by IvyCap Ventures and Chiratae Ventures, formerly known as IDG Ventures. The two venture capital firms, which had invested in FieldEZ five years ago, are looking for an exit through the deal.
The deal will help Loginext, which had received funding from Paytm in 2015, expand into field-force management. The deal will also add to the international revenue of Loginext, which earns from its software-as-a-service (SaaS) platform for logistics management.
FieldEZ has a presence in the UK, US, Australia and the UAE. It provides digital solutions to manage routing, tracking, attendance and chat services for field-force workers across industries including financial services, home healthcare, consumer goods and retail, delivery and logistics.
UK Ministers, Shadow Cabinet leaders, diplomats, business chiefs come together for India Global Forum’s grand Diwali Reception in London Read… Read More
At the India Global Forum’s (IGF) grand Diwali reception in London this week, UK Home Secretary Suella Braverman focussed her message of… Read More
Home Secretary Suella Braverman has said the UK is eager to secure a trade deal with India to boost both… Read More
Chandrasekhar also attended a session on the Future of Digital at the India Global Forum where he spoke on the… Read More
India Global Forum’s glittering awards ceremony with Guest of Honour, UK Chancellor Rishi Sunak, to mark the culmination of a… Read More
The UK government on Wednesday announced 75 fully-funded scholarships for Indian students to study in the UK, beginning September 2022,… Read More