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Locus sees major opportunities in Mexico s e-commerce marketplace

Locus awarded patent for machine learning models for predicting traffic

The patent covers unique technology that analyzes the historical data of traffic and predicts the travel time between origin and destination locations.

Locus Granted Patent for machine learning models to accurately predict traffic time

Locus Granted Patent for machine learning models to accurately predict traffic time
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This Startup Plugs Into Supply Chain Of Enterprises And Helps Streamline Operations

This Startup Plugs Into Supply Chain Of Enterprises And Helps Streamline Operations
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Locus funding: Logistics startup Locus raises $50 million, valuation hits $300 million

Synopsis Locus, a SaaS-based logistics startup, will use the funding from investors GIC, Qualcomm Ventures, Tiger Global and Falcon Edge to fuel its expansion, and research and development. ETtech Founded in 2015 by Nishith Rastogi and Geet Garg, Locus uses machine learning and proprietary algorithms to offer supply-chain solutions to customers. (Photo: Locus.sh website) Mumbai:Locus, a business-to-business (B2B) logistics optimisation startup, has raised $50 million in a Series-C funding round led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures and existing investors Tiger Global and Falcon Edge also participated in the round, as did angel investors Amrish Rau (CEO of Pine Labs) Kunal Shah (CEO of Cred) Raju Reddy (founder of Sierra Atlantic) and Deb Deep Sengupta (former president and managing director, SAP South Asia).

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