When was Locus founded?

Locus was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Locus located?

Locus is headquartered in Milpitas, United States. It is registered at No. 87 148, 1st Cross, 2nd Main Koramangala, Bangalore, Bangalore, Karnataka, India, 560034.

Who is the current CEO of Locus?

Nishith Rastogi of Locus. They have also founded 2 companies and are angel investors in 6 startups, including Pinchat and APProximity.

How many employees does Locus have?

As of Apr 30, 2026, the latest employee count at Locus is 356.

Is Locus a funded company?

Locus is a funded company, having raised a total of $82.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 27, 2015.

How much is Locus worth?

The last known valuation of Locus was $***** as of May 27, 2021.

When was the latest funding round of Locus?

Locus' latest funding was a $***** Series C round on May 27, 2021, with participation from 8 investors. Its primary sector is Logistics Tech. In United States, the Logistics Tech sector has seen $1.3B in funding in 2026 to date.

Where does Locus rank among its competitors?

Locus ranks 4th amongst 1044 active competitors, of which 208 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Prozo, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of Locus?

Locus' top competitors include Shiprocket, BILT and Ecom Express. Among them, Prozo secured the most recent funding round in August, 2025.

Locus - 2026 Company Profile, Team, Funding & Competitors

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

Series C, May 27, 2021, $*****

Last Known Valuation

$***** as on May 27, 2021

Investors

Tiger Global Management & 33 more

Ranked

4^th among 1044 active competitors

Employee Count

356 as on Apr 30, 2026

Similar Companies

Shiprocket & 1128 more

Exit Details

Acquired by Ingka (Oct 07, 2025)

View Locus' full profile

Locus is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MARA STUDIOS PRIVATE LIMITED CIN: U72200KA2015FTC104823 , India, Active	Jul 16, 2015	$7.71M (As on Mar 31, 2025)	151 (As on Mar 01, 2026)
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 got acquired by Ingka on Oct 07, 2025.

Click here to take a look at Locus's acquisition in detail

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 27, 2021	7187765	Series C	1421794	7889286	6144803	1141022
May 06, 2019	7244515	Series B	2611897	3768533	2766642	Blume Venture & 2 more
Jun 04, 2018	2176379	Series A	6330509	5345897	Rocketship	Recruit Strategic Partners & 6 more

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View details of Locus's funding rounds and investors

The founders of Locus are Nishith Rastogi and Geet Garg. Nishith Rastogi is the CEO of Locus.

Here 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 APProximity. 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 Arvind 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
Sheetal Bahl	Independent board member	-	Current	10y 1m
abpeovc	Independent board member	-	Current	7y 4m
ahicbh{	Independent board member	-	Current	8y 2m
adqwgmi	Independent board member	-	Current	7y 6m
ikifrab	Independent board member	-	Current	5y 6m
meymsdh	Independent board member	-	Current	7y 7m
pbmpnnv	Independent board member	-	Current	2y 3m
gwfvzvy	Independent board member	-	Current	4y 7m
hngnioq	Independent board member	-	Current	3y 7m

View details of Locus's Founder profiles and Board Members

Locus' employee count trend

Locus has 356 employees as of Apr 26. Here is Locus's employee count trend over the years:

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Top competitors of Locus include Shiprocket, BILT and Ecom Express. Here is the list of Top 10 competitors of Locus, ranked by Tracxn score:

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	Temasek, Bertelsmann India Investments & 62 others	85/100
2nd	BILT 2014, Grapevine (United States), Series B	Developer of an app providing 3D assembly instructions for consumer goods	$32.1M	Silverton Partners, SVB & 5 others	73/100
3rd	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, Partners Group & 51 others	73/100
4th	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Tiger Global Management & 32 others	73/100
5th	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Union Square Ventures ... & 26 others	73/100
6th	Prozo 2014, Gurugram (India), Series A	Online platform offering wholesale and business-focused e-commerce solutions	$20.2M	Sixth Sense Ventures, Earlsfield Capital ... & 31 others	71/100
7th	Stord 2015, Atlanta (United States), Series E	Provider of cloud-based end-to-end logistics and supply chain management solutions	$527M	Kleiner Perkins, Bond Capital & 36 others	70/100
8th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, SoftBank Vision Fund ... & 29 others	70/100
9th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	69/100
10th	Pitney Bowes 1920, Stamford (United States), Acquired	Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses	-	Saratoga Investment, PHI Industrial & 3 others	69/100