Logistics Tech Startup Locus Raises Angel Funding Led by GrowX Ventures And Manish Singhal

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.

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