Mexico ESIP Liftit 2018-01
Case Tracker
Complaint Overview
Former Employees
Company Termination Procedures
Project Information
USD 4 millions
Synopsis
IFC has an active investment, approved in August 2018, consisting of an equity investment in Liftit, an e logistics company providing cargo transportation services. Proceeds were used to support the company’s expansion into Mexico by hiring a sales team, and to strengthen the development of its IT team in Colombia. Liftit operates as an asset lite B2B e logistics technology startup offering affordable and efficient urban cargo delivery services from distribution centers to retail stores or end consumers. The company is headquartered in Bogota, Colombia and was founded in 2016.
In July 2025, CAO received a complaint from a group of five former Liftit employees located in Mexico. The complaint raised concerns related to the severance payments and the severance process upon termination of employment following the company’s closure of operations in Mexico. The complaint provided detailed information on each individual’s specific concerns in relation to the termination procedures.
In August 2025, CAO found the complaint eligible and began its assessment.
The case is under assessment.
Status as of December 10, 2025.