Locus pitch deck to raise seed capital investment -

This is the Locus pitch deck used to raise an undisclosed angel round, led by Delhi-based early-stage investment firm growX Ventures and angel investor Manish Singhal. The funding round also saw participation from other angels including Sanjay Mehta, co-founder of Unicommerce – Ankit Pruthi and co-founder of Sling Media Bhupen Shah. Locus closed their seed round in 11 days.

They later went on to raise $2.75 million in Series A funding. The round was led by Exfinity Venture Partners with participation from Blume Ventures, BeeNext, Rajesh Ranavat, MD, Fung Capital and other existing investors.

About

Locus is an intelligent logistics automation platform with in-built route planning and vehicle allocation engine which improves consistency and efficiency of operations, higher customer satisfaction with high adherence to SLAs & last mile live tracking. The platform helps companies and enterprises in e-commerce, food delivery, FMCG and other verticals to automate and optimize their logistics.

The product suite comprises of a route deviation engine, order dispatch automation, a field user app, route optimizations, scheduling, tracking for end-customer, and predictive analytics. Offering the entire technology stack, in the form of a platform as a service.