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Venture Capital

Locus Raises Rs 155 Cr From Falcon Edge Capital, Tiger Global | Business Standard News

by posted 8months ago 31 views
Locus, a supply chain optimisation company, Monday said it has secured USD 22 million (about Rs 155 crore) in funding from Falcon Edge Capital and Tiger Global Management. The series B round funding also saw participation from existing investors, Exfinity Venture Partners and Blume Ventures. After India, the company started expanding its presence in North America and Southeast Asia in 2018. The new round of funding will help Locus penetrate deeper into new markets by enhancing the product and solutions for each geography and also in expanding local teams, the company said in a statement.

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