Luwjistik Asset Profile

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Year established

2021

Location

Singapore

Primary Industry

Software

About

Based in Singapore and founded in 2021 by Syed Ali Ridha Madihid, and Wong Yingming, Luwjistik, operates as a developer of a supply chain management platform that helps freight forwarders, couriers, and third-party logistics companies connect with network partners. In October 2022, Shippit Pty. Ltd., a portfolio company of Aura Group, Aura Ventures, EVP, Global Founders Capital, Grand Prix Capital, OneVentures, Perennial Partners, Rocket Internet SE, RTL Group Investments, SecondQuarter, Tidal Ventures, Tiger Global Management, acquired Luwjistik from East Ventures and Arise VC for AUD 18 million. As of 2022, the company operates in 10 countries and has more than 60 network partners. The company offers an application integration that integrates with existing supply chain systems to provide supply chain solutions. The platform forms a network of clients and partners that allows them to connect with the service providers and expands the logistics infrastructure through standardized workflows and cost transparency. It also provides a tracking platform, allowing clients to track shipments in one place.

Current Investors

Global Founders Capital, East Ventures, MDI Ventures

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Primary Industry

Software

Sub Industries

Web Applications, Connectivity Software, Logistics Software

Website

www.luwjistik.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

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