Presenting

Locus

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

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.

Logistics

SaaS

Technology

WEBSITE

https://locus.sh/

HEADQUARTERS

Bangalore, Karnataka, , India

COMPANY SIZE

101 to 150

FOUNDED

May 2015

Stories

Stories about Locus

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Team YS

PM Modi releases BJP's LS poll manifesto with special focus on poor, youth, farmers, women

Team YS

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Team YS

Woman entrepreneur from Manipur is weaving success by making clothes from lotus stem fibre

Rekha Balakrishnan

Awards

Awards and Recognitions

Top 50 Newsmakers of India - 2019

A YourStory list of startups that made the news this year for all the right reasons.

Locus is one of the four B2B logistics startups to have raised money this year, winning over marquee investors like Tiger Global, which has so far made significant B2C bets in the Indian startup ecosystem. In May 2019, Locus secured $22 million in a Series B round of funding led by Falcon Edge Capital and Tiger Global Management, with participation from existing investors Exfinity Venture Partners and Blume Ventures. This round took the value of Locus to nearly $100 million. The startup plans to enter several new markets including North America and Europe while strengthening its presence in Southeast Asia. In August 2019, Locus also launched enhanced features that focus on improving FADR i.e First Attempt Delivery rate for ecommerce and 3PL companies. It has developed proprietary Geocoding engines to help FADR that converts ad hoc addresses to accurate delivery locations and route optimisation solution. Dispatcher that generates daily dynamic delivery plans. At its peak, the platform has processed 1 million orders a day.