Company Name : Locus
Funding Amount : Not Disclosed
Investor(s) Growx Venture Manish Singhal. Bhupen Shah, Sanjay Mehta, and Ankit Pruthi among others.
Funding Round : Angel round
Locus is building advanced algorithms to automate and improve a wide range of functions for logistics players.
Locus offers traditional logistics companies, ‘Uber for X’ businesses, hyper-local delivery players, intra/inter-city logistics firms, etc., with a proprietary route deviation engine, order
dispatch automation, field user applications, route optimization, tracking for end-?customer, and predictive analytics. Effectively, Locus offers the entire logistics technology stack in the form of a platform-as-a- service.
Locus has also created a consumer app called RideSafe powered by their Realtime Route Deviation Detection (R2D2) engine.
The app helps improve user safety while travelling by algorithmically monitoring for deviations from a set of acceptable routes based on roads, traffic, and several other factors.