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Locus

Locus

Locus is a leading-edge technology company solving one of the most challenging global supply chain problems: last-mile logistics.

Tag IconLogistics,  SaaS,  Technology  
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Basic Information
Blazing ahead with new proprietary technology Locus, operated by Mara Labs Inc., uses proprietary algorithms and deep learning to optimise supply chains with real-time tracking, insights and analytics, dynamic sales journey plans, efficient warehouse management, and vehicle allocation and utilisation. ICRA Research has forecast the domestic logistics sector to grow at eight to 10 percent over the medium term with the outlook remaining largely stable. Strategic supply chain decision making is becoming more dynamic, as the industry landscape shifts towards digitisation. For sustained value and organisation growth, these decisions should be driven by insights and visualisations of existing data. Aided by a renowned and world-class data science team, Locus Consulting brings in technology, insights and supply chain expertise to drive innovative and contextual solutions.
Legal Name
:
Mara Labs, Inc.
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2B  
Founding Date
:
May 2015
No. of Employees
:
101 to 150
Core Team
:
1.  
Nishith Rastogi
Founder & Chief Executive Officer
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2.  
Geet Garg
Founder & Chief Technology Officer
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3.  
Krishna Khandelwal
Chief Business Officer
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Funding
Investors
:
1.  
Exfinity Venture Partners
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2.  
Alpha Wave Global
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3.  
Tiger Global Management
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4.  
Blume Ventures
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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5

$2.75M

Series Name
:
SERIES-A
Date
:
May 2016
Investors
:
1.  
Exfinity Venture Partners
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2.  
Blume Ventures
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3.  
BEENEXT
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4.  
Rajesh Ranavat
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