Logistics platform provider Locus has raised $2.75m in series A funding, according to local sources. Locus has offices in Bangalore and New Jersey and has built platforms and apps for a number of on-demand couriers and food delivery companies, including Delhivery and Freshmenu.
Sources report that Exfinity Venture Partners led the funding round, and Blume Ventures, Beenext, and Rajat Ranavat, MD of Fung Capital, also took part.
RouteSmart – A FedEx Company – optimizes last-mile operations and enables the most successful postal and home delivery organizations to build more efficient route plans every day. Our proven solutions allow you to decrease planning time, create balanced and efficient delivery routes, lower total travel […]
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