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.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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