Locus - About the company
Locus is an acquired company based in Milpitas (United States), founded in 2015 by Nishith Rastogi and Geet Garg. It operates as a Provider of an AI-powered platform for optimizing logistics and delivery. Locus has raised $82.5M in funding from investors like Tiger Global Management, GIC and Rocketship, with last known valuation of $*****. The company has 1045 active competitors, including 209 funded and 106 that have exited. Its top competitors include companies like Shiprocket, Ecom Express and BILT.
Company Details
Provider of an AI-powered platform for optimizing logistics and delivery. The platform offers solutions for fulfillment automation, dispatch planning, and delivery orchestration. It also provides features such as track and trace, analytics, and insights. The platform supports various industries, including retail, fast-moving consumer goods, and e-commerce.
- Website
- locus.sh
- Social
- Email ID
- *****@locus.sh
- Phone Number
- +1 **********
- Registered Address
- No. 87 148, 1st Cross, 2nd Main Koramangala, Bangalore, Bangalore, Karnataka, India, 560034
Key Metrics
Founded Year
2015
Location
Milpitas, United States
Stage
Acquired
Total Funding
$82.5M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 27, 2021
Investors
Ranked
3rd among 1045 active competitors
Employee Count
353 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Ingka (Oct 07, 2025)
Legal entities associated with Locus
Locus is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MARA LABS, INC. CIN: T20UF4991K , Singapore, Active | Jul 01, 2020 | - | - | |
MARA STUDIOS PRIVATE LIMITED CIN: U72200KA2015FTC104823 , India, Active | Jul 16, 2015 | $7.71M (As on Mar 31, 2025) | 149 (As on Aug 31, 2023) | |
Mara Labs Inc CIN: MaraLabsInc , United States, Active | - | - | - | |
MARA LABS UK LIMITED CIN: 13190406 , United Kingdom, Active | Feb 08, 2021 | - | 1 (As on Feb 29, 2024) |
Locus's acquisition details
Locus got acquired by Ingka on Oct 07, 2025.
Click here to take a look at Locus's acquisition in detail
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Locus's funding and investors
Locus has raised a total funding of $82.5M over 5 rounds. Its first funding round was on Jul 27, 2015. Its latest funding round was a Series C round on May 27, 2021 for $*****. 8 investors participated in its latest round. Locus has 21 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Locus:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 27, 2021 | 4216668 | Series C | 5087431 | 9254786 | 2614130 | 9070558 |
May 06, 2019 | 5610546 | Series B | 5078160 | 7862255 | 3599675 | |
Jun 04, 2018 | 5940380 | Series A | 2238638 | 6436405 |
Access funding benchmarks and valuations. Sign up today!View details of Locus's funding rounds and investors
Locus' founders and board of directors
Founder? Claim ProfileHere are the details of Locus' key team members:
- Nishith Rastogi: Co-Founder & CEO of Locus and founder of 5 other companies, including Pinchat, APProximity and RideSafe. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Geet Garg: Co-Founder & CTO of Locus and founder of 5 other companies, including APProximity, Pinchat and RideSafe. They serve on the board of 1 company.Contact Info: 1 email address
Locus' Board of Directors
Locus's board has 9 active members. Sheetal Bahl, Shailesh Ghorpade, Gaurav Jain, Rahul Jain, Nishith Rastogi, Anil Advani, Krishna Khandelwal, Geet Garg and Navroz Udwadia are independent board members.Here is the list of Locus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 10y 0m | |
slwhwou | Independent board member | - | Current | 6y 6m |
v{uhdbq | Independent board member | - | Current | 6y 4m |
jlqpqdi | Independent board member | - | Current | 9y 2m |
oxyojwz | Independent board member | - | Current | 5y 3m |
bumqzll | Independent board member | - | Current | 6y 6m |
zbawewj | Independent board member | - | Current | 6y 1m |
sqls{dv | Independent board member | - | Current | 5y 5m |
z{fulcx | Independent board member | - | Current | 4y 1m |
View details of Locus's Founder profiles and Board Members
Locus' employee count trend
Locus has 353 employees as of Mar 26. Here is Locus's employee count trend over the years:
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Locus's Competitors and alternates
Top competitors of Locus include Shiprocket, Ecom Express and BILT. Here is the list of Top 10 competitors of Locus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Shiprocket 2012, Gurugram (India), Series E | Provider of e-commerce shipping, fulfillment, marketing, and financial services | $322M | 85/100 | |
2nd | Ecom Express 2012, Gurugram (India), Acquired | Provider of end-to-end delivery services for e-commerce companies | $324M | 73/100 | |
3rd | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 73/100 | |
4th | BILT 2014, Grapevine (United States), Series B | Developer of an app providing 3D assembly instructions for consumer goods | $32.1M | 73/100 | |
5th |  Shippo 2013, San Francisco (United States), Series E | Provider of web-based shipping solution for e-commerce businesses | $154M | 73/100 | |
6th | Veeqo 2012, Swansea (United Kingdom), Acquired | Provider of multichannel ecommerce shipping software with order and inventory management | $11.5M | 71/100 | |
7th | Online platform offering wholesale and business-focused e-commerce solutions | $20.2M | 71/100 | ||
8th | Developer of e-commerce software and supply chain management solutions | $16.1M | 70/100 | ||
9th |  Stord 2015, Atlanta (United States), Series E | Provider of cloud-based end-to-end logistics and supply chain management solutions | $527M | 70/100 | |
10th | ShipBob 2014, Chicago (United States), Series E | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | $333M | 69/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Locus's competitors? Click here to see the top ones
Locus's Investments and acquisitions
Locus has made no investments or acquisitions yet.
Reports related to Locus
Here is the latest report on Locus's sector:
News related to Locus
Filter this listMedia has covered Locus for a total of 9 events in the last 1 year, 2 of them have been about company updates.
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UK Consumers Prioritize Delivery Accuracy Over Speed, Says LocusRetail Technology Innovation Hub•Feb 06, 2026•Locus
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Ikea-owner buys AI-powered logistics software firm to transform home deliveryRetail Systems•Aug 10, 2025•Locus, Ingka
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GrowX Ventures Aims ₹4B For Backing Deep-Tech Startupselectronicsforyou.biz•Dec 12, 2024•GrowX Ventures, Pixxel, Locus, Progcap and 6 others
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Locus Receives Dual Recognition in 2024 Gartner® Market Guides for Last-Mile Delivery Technology and Multicarrier Parcel Management SolutionsAsian News International•Jun 27, 2024•Locus
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ShipFlex from Locus Expands Global Carrier Network to Over 160 Carriers, Enhancing Multi-Carrier Parcel Management CapabilitiesPress Trust of India•May 07, 2024•Locus, Shipflex
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