Tech Company Financing Transactions

Locus Funding Round

Locus, operating out of Milpitas, scored $50 million from GIC, Alpha Wave Ventures and private investors.

Transaction Overview

Company Name
Announced On
6/3/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors

GIC (Lead Investor)

Alpha Wave Ventures (Navroz Udwadia)

private investors (Amrish Rau)

private investors (Deb Sengupta)

private investors (Kunal Shah)

private investors (Raju Reddy)

Qualcomm Ventures (Varsha Tagare)

Tiger Global Management

Proceeds Purpose
Locus will majorly use the funds for improving geographical reach and building its research and development team to expand the product line.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
691 S Milpitas 217
Milpitas, CA 95035
USA
Email Address
Overview
Locus is an Intelligent logistics automation platform with in-built route planning, vehicle allocation and 3D packing technology solutions which improves consistency and efficiency of operations, higher customer satisfaction with high adherence to SLAs & last mile live tracking.
Profile
Locus LinkedIn Company Profile
Social Media
Locus Company Twitter Account
Company News
Locus News
Facebook
Locus on Facebook
YouTube
Locus on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nishith Rastogi
  Nishith Rastogi LinkedIn Profile  Nishith Rastogi Twitter Account  Nishith Rastogi News  Nishith Rastogi on Facebook
Chief Scientific Officer
Shantanu Bhattacharyya
  Shantanu Bhattacharyya LinkedIn Profile  Shantanu Bhattacharyya Twitter Account  Shantanu Bhattacharyya News  Shantanu Bhattacharyya on Facebook
Chief Technical Officer
Geet Garg
  Geet Garg LinkedIn Profile  Geet Garg Twitter Account  Geet Garg News  Geet Garg on Facebook
VP - Bus. Development
Walter Heil
  Walter Heil LinkedIn Profile  Walter Heil Twitter Account  Walter Heil News  Walter Heil on Facebook
VP - Bus. Development
Krishna Khandelwal
  Krishna Khandelwal LinkedIn Profile  Krishna Khandelwal Twitter Account  Krishna Khandelwal News  Krishna Khandelwal on Facebook
VP - Bus. Development
Rohan Patil
  Rohan Patil LinkedIn Profile  Rohan Patil Twitter Account  Rohan Patil News  Rohan Patil on Facebook
VP - Bus. Development
Piyush Sharma
  Piyush Sharma LinkedIn Profile  Piyush Sharma Twitter Account  Piyush Sharma News  Piyush Sharma on Facebook
VP - Bus. Development
Suwandy Wijaya
  Suwandy Wijaya LinkedIn Profile  Suwandy Wijaya Twitter Account  Suwandy Wijaya News  Suwandy Wijaya on Facebook
VP - Customer Service
Sreedevi Kaimal
  Sreedevi Kaimal LinkedIn Profile  Sreedevi Kaimal Twitter Account  Sreedevi Kaimal News  Sreedevi Kaimal on Facebook
VP - Finance
Rahul Jain
  Rahul Jain LinkedIn Profile  Rahul Jain Twitter Account  Rahul Jain News  Rahul Jain on Facebook
VP - Human Resources
Robin Abraham
  Robin Abraham LinkedIn Profile  Robin Abraham Twitter Account  Robin Abraham News  Robin Abraham on Facebook
VP - Marketing
Raghav Kumar
  Raghav Kumar LinkedIn Profile  Raghav Kumar Twitter Account  Raghav Kumar News  Raghav Kumar on Facebook
VP - Product Management
Mohneesh Saxena
  Mohneesh Saxena LinkedIn Profile  Mohneesh Saxena Twitter Account  Mohneesh Saxena News  Mohneesh Saxena on Facebook
VP - Sales
Arnav Pandey
  Arnav Pandey LinkedIn Profile  Arnav Pandey Twitter Account  Arnav Pandey News  Arnav Pandey on Facebook


 

 

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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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