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Supply chain tech startup Locus raises $50 mn from Qualcomm, Tiger Global

Read more about Supply chain tech startup Locus raises $50 mn from Qualcomm, Tiger Global on Business Standard. Series C funding led by Singapore s sovereign wealth fund GIC; Falcon Edge and a clutch of angels also participate ....

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[Funding alert] Locus raises $50M Series C funding led by GIC

Locus will use the funding to improve its geographical reach and build its research and development team to expand the product line. ....

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Locus raises $50 million in Series C funding led by GIC - The Hindu BusinessLine

The funds will be used to improve geographical reach and build an R&D team ....

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Logistics startup Locus raises $50 million in Series C — aims to double its patents by 2022 and hire more data scientists

Logistics startup Locus just raised $50 million in Series C round of funding from Singapore’s GIC, Qualcomm Ventures, CRED CEO Kunal Shah and others. The Bengaluru-based startup plans on using the funds to double its patents over the next one year, hire more data scientists and expand into Latin America. The company’s plan to innovate may have something to do with India’s new guidelines for ge. ....

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Locus raises $50M to build the operating system of logistics

Locus raises $50M to build the operating system of logistics
Company’s proprietary geocoding engines help with remote delivery planning
3 minutes read
Locus raises $50 million to continue building patent technology. (Photo: Denis.Vostrikov/Shutterstock)
Bengaluru, India-based Locus, a supply chain technology platform powered by artificial intelligence, announced on Wednesday that it has raised $50 million in a Series C round led by GIC, Singapore’s sovereign wealth fund, with participation from Qualcomm Ventures and existing investors Tiger Global Management and Falcon Edge.
Past angel investors participated in the round as well, including Amish 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 of SAP South Asia. ....

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