Locus raises funds in supply chain logistics

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    • May 16, 2019 at 11:35 am #32498
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        #News(Startup) [ via IoTForIndiaGroup ]

        Locus currently has over 40 clients, with logistics giant Blue Dart as an anchor customer. It also services one of India’s largest e-grocers and has a capability to serve over 1 million orders in a day through its combined SaaS offering. The company currently has offices in India, US and Indonesia with teams in each of these offices to service the regions.

         Locus has raised $22 million in fresh funding led by Falcon Edge Capital and Tiger GlobalManagement, as it looks to expand its footprint further into the North American and Southeast Asian markets

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