Supply chain optimisation startup Locus has raised $22 million in Series B round led by Falcon Edge Capital and Tiger Global with participation from existing investors – Exfinity Venture Partners and Blume Ventures.
Locus will deploy the capital to expand its footprint in North America and Southeast Asia. It offers services such as route optimization, real-time order tracking, dynamic sales plans among others and works with firms operating in FMCG, logistics and e-commerce spaces like Myntra, BigBasket, Lenskart and Bluedart. (Source)
