Falcon Edge and Tiger Global bet $22 m in Locus

Date posted: Tuesday 14 May 2019

Supply chain optimisation startup Locus has raised $22 million in fresh funding led by Falcon Edge Capital and Tiger Global Management, as it looks to expand its footprint further into the North American and Southeast Asian markets. The Series-B funding also saw participation from existing investors Exfinity Venture Partners and Blume Ventures. The company plans to utilise the capital to grow deeper into new markets by offering customisations and hiring teams locally.

(Economic Times)