Locus

Bengaluru, Karnataka, India Logistics & Supply Chain Acquired

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.

Acquired

Locus has been acquired

Acquired by Ingka Investments (Ingka Group / IKEA) October 7, 2025 Undisclosed

This company is no longer available on our private secondary market.

Overview

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

Funding

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

GIC
DateRoundAmount RaisedValuationLead 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

Prominent Investors

Qualcomm Ventures Tiger Global Falcon Edge GIC

Leadership

  • Nishith Rastogi

    Founder & CEO

    LinkedIn
  • Geet Garg

    Co-Founder & CTO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • FarEye

    Delivery management and last-mile logistics platform focused on customer experience and predictive logistics.

  • Shipsy

    Smart logistics management SaaS specializing in multi-modal shipment visibility, invoicing automation, and cross-border compliance.

  • Bringg

    Delivery and fulfillment cloud platform connecting brands with third-party delivery fleets under a branded customer experience.

  • Onfleet

    SMB-focused last-mile delivery management software offering route optimization, driver dispatch, and real-time tracking via REST APIs.

  • DispatchTrack

    Last-mile delivery management software providing route optimization, customer communication, and proof of delivery for retailers and distributors.

  • LogiNext

    AI-driven logistics automation platform for route planning, dispatch, and delivery tracking across enterprise supply chains.

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