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 1059 active competitors, including 206 funded and 105 that have exited. Its top competitors include companies like Shiprocket, Shippo and Stord.
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
2nd among 1059 active competitors
Employee Count
351 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Ingka (Oct 07, 2025)
Legal entities associated with Locus
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 | ₹50 - ₹100 Cr (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'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 | 1352874 | Series C | 6979177 | 5270835 | 2186319 | 1624778 |
May 06, 2019 | 3514662 | Series B | 7320012 | 1747402 | 4843524 | |
Jun 04, 2018 | 6417761 | Series A | 5343805 | 5397743 |
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 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 |
|---|---|---|---|---|
Independent board member | - | Current | 10y 2m | |
midcgrq | Independent board member | - | Current | 5y 1m |
quembqe | Independent board member | - | Current | 2y 1m |
lc{skqd | Independent board member | - | Current | 9y 8m |
hopabwf | Independent board member | - | Current | 5y 3m |
rnofhbo | Independent board member | - | Current | 6y 8m |
hahyyod | Independent board member | - | Current | 4y 1m |
esfytbb | Independent board member | - | Current | 6y 6m |
lxdspqt | Independent board member | - | Current | 7y 7m |
View details of Locus's Founder profiles and Board Members
Locus' employee count trend
Locus has 351 employees as of Jun 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, Shippo and Stord. 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 | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 73/100 | |
3rd |  Shippo 2013, San Francisco (United States), Series E | Provider of web-based shipping solution for e-commerce businesses | $154M | 72/100 | |
4th |  Stord 2015, Atlanta (United States), Series F | Provider of cloud-based end-to-end logistics and supply chain management solutions | $777M | 71/100 | |
5th | Online platform offering wholesale and business-focused e-commerce solutions | $20.2M | 70/100 | ||
6th | Ecom Express 2012, Gurugram (India), Acquired | Provider of end-to-end delivery services for e-commerce companies | $324M | 70/100 | |
7th | Veeqo 2012, Swansea (United Kingdom), Acquired | Provider of multichannel ecommerce shipping software with order and inventory management | $11.5M | 70/100 | |
8th | ShipBob 2014, Chicago (United States), Series E | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | $333M | 70/100 | |
9th | Pitney Bowes 1920, Stamford (United States), Acquired | Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses | - | 69/100 | |
10th | Platform offering end-to-end supply chain, fulfilment, and IT solutions | $22.2M | 68/100 |
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 8 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•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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