Locus, a leading-edge technology company that provides excellent solutions for last-mile logistics, announced that it has expanded its presence in Mexico. This operational expansion is in line with the company’s commitment to enable companies to transform their last-mile processes into centers of growth, a statement said. Locus provides a real-world shipping management solution that helps…
Locus, an edge technology company solving Last-Mile logistics challenges, announced that it has appointed Mehul Kapadia as its new Chief Growth Officer. Kapadia’s leadership will be instrumental in further scaling the business, including through continued enterprise customer acquisition, strategic expansion into key verticals and markets, and the cultivation of long-lasting partnerships that bring incomparable value to…
Locus, a technology platform that uses AI, ML and proprietary algorithms to automate complex supply chain decisions, announced it has appointed Dan Vanden Brink as Vice President Product Strategy. In this new role, Daniel will lead the execution of product strategy and go-to-market for Locus’ product portfolio across geographies. He brings with him rich experience…
Locus, a future-ready platform that automates supply chain decisions, announced that it has designated $4 million for its ESOP buyback. The buyback is at par with the primary of the Series C fundraise. Both current and former employees will be able to vest their stock options. This is the second such buyback by the company,…
Pratilipi, an online storytelling platform that enables writers to share their work in various formats, announced it has raised $48 million in a new financing round led by Krafton. South Korean gaming giant Krafton led the Series D round for the seven-year-old Bengaluru-based startup, bringing its to-date raise to $78.8 million. Existing investor Omidyar Network India…
Locus, a future-ready platform that automates supply chain decisions, announced that it has raised $50 million in Series C funding led by GIC, Singapore’s sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge. Angel investors Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred, Raju…
Locus, a global B2B Software-as-a-Service (SaaS) company that automates human decisions in logistics, announced that it is investing €2 million in Europe for product and business development. The company’s smart logistics solutions will help reduce carbon emissions and increase operational efficiency. Locus uses deep machine learning and proprietary algorithms to offer smart logistics solutions like…