Locus is an AI-powered order-to-delivery dispatch management platform that helps enterprises optimize last-mile logistics through advanced route optimization, real-time tracking, multi-carrier allocation, and workflow automation. Founded in 2015 by Nishith Rastogi and Geet Garg in Bengaluru, the company has helped customers including Unilever, Nestle, Tata Group, BlueDart, and Bukalapak execute over 650 million deliveries across 30+ countries. In October 2025, Locus was acquired by Ingka Group (the largest IKEA franchisee) to enhance IKEA's home delivery operations.
Locus has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
501–1,000
Total Funding
$78.75M
5 rounds
Total raised $78.75M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
June 2, 2021
Amount
$50M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 2, 2021 | Series C | $50M | — | GIC |
| May 13, 2019 | Series B | $22M | — | Falcon Edge Capital, Tiger Global Management |
| June 3, 2018 | Pre-Series B | $4M | — | Rocketship.vc, pi Ventures, Recruit Strategic Partners |
Nishith Rastogi
Founder & CEO
Geet Garg
Co-Founder & CTO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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LogiNext
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