Mexico ESIP Liftit 2018-01

Date Filed
03 Jul 2025
Status
Open
Phase
Compliance
Country
Mexico

Case Tracker

Eligibility
July 09, 2025-August 29, 2025
Eligibility
Assessment
Status as of September 25, 2025
Assessment
Dispute Resolution
Compliance
CURRENT Status
Assessment
Status as of September 25, 2025

Complaint Overview

Complainant

Former Employees

Concerns

Company Termination Procedures

Cross-Cutting Issues
Labor Community Health and Safety

Project Information

Region
Latin America and the Caribbean
Institution
IFC
Name & Number
IFC Project Number: 41635
Company
LIFTIT SAS
Sector
Other
Category
B
Commitment

USD 4 millions

Synopsis

Project Overview

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.

Complaint

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.

Action

In August 2025, CAO found the complaint eligible and began its assessment.

Status

The case is under assessment. 

Status as of December 10, 2025. 

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