Tiger Global leads $22M Series B financing of Locus
Gunderson Dettmer client Tiger Global has co-led the $22 million Series B financing of India-based Locus with Falcon Edge Capital. Locus, is a platform as a service start-up, founded in 2015 in Bengaluru, which optimizes logistics operations to provide consistency, efficiency & transparency.
In an interview with Entrepreneur India, Locus Founder and CEO, Nishith Rastogi said, “This funding will go straight into building solutions at a pace that the world is yet to see from us. Our customers would be the biggest beneficiaries as new features, and intellectual property would be added to our products, with increased velocity.”
The Gunderson Dettmer deal team was led by Jon Pentzien and included Jolyn Ang and Caitlin Ashworth.