1703 Virus Will Drive Major Growth at This SaaS Company as Restaurants Move Delivery "In House", $20m+ Revenue

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 23 March 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dhruv serves LogiNext as the CEO and has been recognized as one of the youngest and fastest growing SaaS CEOs in the US. He has previously worked with Deloitte leading consulting assignments for some of the Fortune 500 clients and has extensive experience in advising enterprises and governments on how to rebuild their transportation stack to match the expectations of the new age customer. Under his leadership, LogiNext, has quickly become a household name for companies trying to deliver goods to their customers in a faster, cheaper and better way with the use of AI and enterprise maps. LogiNext currently serves more than 100 large enterprises and has been growing 200% YoY. LogiNext is valued at more than $100mn by marquee investors like Tiger Global Management, Steadview Capital and Alibaba.

Transcript

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0:00.0	Lodge index playing in a very interesting space.
0:01.7	They help companies like McDonald's Starbucks in-house their delivery team so they don't
0:05.2	have to rely on Uber Eats.
0:06.5	Very interesting time for him.
0:07.7	He's sitting on over, you know, call it $39 million in cash.
0:10.1	Two acquisitions coming down the pipeline.
0:11.6	Economics look good.
0:12.7	Over 130% net revenue retention.
0:14.9	Serving over 100 customers, again, as he looks to continue to scaling growth, hopefully hitting 30 million bucks in ARR by the end of this year, currently at about, call it 15 to 20 million in ARR.
0:24.1	Hey guys, my guest today is Drewville Sangvi.
0:26.1	He is the CEO and founder of a company called Loginext Solutions.
0:29.6	Lognex specifically is where you can look them up.
0:32.1	He's been recognized as one of the youngest and fastest-scoring SaaS CEOs in the U.S.
0:35.7	serving the transportation, automation, and delivery experience platform space.
0:39.8	All right, Drewville, you ready to take us to the top?
0:42.0	I am. Good to have, good to be here.
0:44.0	So these are a lot of big words here in the bio.
0:45.9	Who are you selling to? Name a customer.
0:48.4	One of our largest customers is McDonald's.
0:50.6	We work with them over more than five countries right now across the world.
0:54.2	Okay, and how do they use you? We work with them over more than five countries right now across the world. Okay.
0:54.4	How do they use you?
	...

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