Paytm-backed startup LogiNext acquires YourGuy
Paytm-backed logistics analytics startup LogiNext on Monday acquired logistics and supply chain firm YourGuy in a mixed cash and equity deal. YourGuy’s 200 delivery personnel and its 20-member team including the founders will join Sprintr, the on-demand delivery arm of LogiNext. Founded in 2014 by Alay Jhaveri, YourGuy delivers food, medicines, important documents, clothes and gifts across Mumbai.