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Locofast

Locofast is a fast-growing B2B textile marketplace connecting manufacturers and suppliers to brands, export and buying houses.

Basic Information

Locofast is a fashion supply chain platform. Locofast aggregates only high-quality mills on its platform and does quality checks before dispatching the order. Run by Locofast Online Services Pvt Ltd, the firm claims to have over 500 vendors selling on their platform and more than 200 monthly average transactions. To get sellers, they have an on-ground acquisition team. They have taken a hybrid approach of on boarding sellers and buyers. Their comprehensive array of services includes knitting, weaving, printing and dyeing. They have an exhaustive list of fabrics including cotton, rayon, polyester, and knits.

Legal Name

:

Locofast Online Services Pvt. Ltd.

Headquarters

:

New Delhi, Delhi, India

Founding Date

:

2019

No. of Employees

:

151 to 250

Core Team

:

1.

Mohit Piplani

Founder & COO

2.

Deepak Wadhwa

Founder & CEO

Funding

Investors

:

1.

Chiratae Ventures

2.

Stellaris Venture Partners

3.

Stride Ventures

4.

BlackSoil

See More

Detail Round Breakdown

Round 1

Round 2

Series Name

:

OTHER

Date

:

28th Feb 2022

Investors

:

1.

Stride Ventures

2.

BlackSoil

Features

[Funding alert] Locofast raises $15M from Chiratae, Stellaris, others

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