LOCUS
Reliance Retail plans 30-minute delivery model for quick commerce re-entry Reliance Retail is re-entering the quick commerce market with a 30-minute delivery model, focusing on a wider assortment of products than existing players like Blinkit and Zepto. They will leverage their network of stores and kiranas, connected thro...
30 May, 2024, 12.10 AM ISTLocus eyeing sizeable growth in North America, Middle East and Southeast Asia: CEO Locus, a last mile logistics company, is expanding its operations in India, Southeast Asia, the Middle East, and North America. The company provides routing, packing, and scheduling algorithms to help e-commerce and delivery companies reduce logisti...
20 Oct, 2023, 12.04 PM IST79% businesses in Asia actively leverage tech to enhance last-mile logistics: Report The report captures a comprehensive analysis of responses from businesses from India, the UAE, Indonesia, and other Asian countries across key last-mile logistics metrics.
15 Sep, 2023, 12.00 PM IST- ADVERTISEMENT
74% of Indian businesses struggle with last-mile logistics, says Locus Maturity Assessment 2023 Locus, a logistics SasS company shared early findings from their Last Mile Maturity Report for emerging markets that revealed 86% of 3PL and CEP businesses and 67% of Retail sector players in India are positioned within the ‘growth’ stage.
09 May, 2023, 04.50 PM ISTAxis Finance has no locus to oppose Sony merger, claims ZEEL Zee Entertainment, through its counsel also argued that the parties, opposing the merger have so far not proved how this merger will be prejudicial to them. "Currently, Zee Entertainment is an over Rs ₹8,000 crore entity but post the merger, the ent...
13 Apr, 2023, 11.37 PM ISTWordle 657 today: Check tips, tricks and answer for April 7 word puzzle Looking for a fun and challenging word game to play today? Look no further than Wordle! The puzzle for April 7, 2023, has been updated on the official website, so you can start playing whenever you want.
07 Apr, 2023, 10.09 AM ISTCyrus Mistry accident: HC asks petitioner's locus standi over PIL seeking culpable homicide charge Petitioner Sandesh Jedhe, who claims to be a self-spirited citizen concerned about road safety, in his PIL sought a direction to Kasa police station in Palghar district to invoke section 304 (culpable homicide not amounting to murder) of the India...
10 Jan, 2023, 04.15 PM ISTThe supply chain broke. Robots are supposed to help fix it. The stakes are especially high for companies engaged in transporting goods. Their executives contend that the Great Supply Chain Disruption is largely the result of labor shortages.
08 Sep, 2022, 11.47 AM ISTSC to examine NCLT bar association's locus to challenge Centre's notification The bench said that whether the members can continue beyond the term of three years will be decided if the issue of locus of petitioner association is decided in its favour. The bench posted the matter for further hearing on July 20. The Association...
20 Jun, 2022, 09.14 PM ISTGyanvapi case: SC questions locus of office bearer of Hindu NGO "Who are you," a bench of Justices D Y Chandrachud and P S Narasimhathe asked, adding that in a civil lawsuit there was hardly any scope for such an intervention.
18 May, 2022, 11.26 AM ISTPunjab polls: BJP questions Rahul Gandhi's locus standi to name Congress CM face "Rahul Gandhi does not hold any position in the party so in what capacity and authority will he be announcing the party's CM candidate today," Union Minister for Jal Shakti and BJP leader Gajendra Singh Shekhawat asked in a statement.
06 Feb, 2022, 04.01 PM ISTZingbus raises Rs 44.6 crore from Infoedge Ventures, others The freshly raised funds will be utilized to develop technology for the next leap of improvement in traveler experience and expand the service to new geographies.
28 Jul, 2021, 11.37 AM ISTETtech Deals Digest: Logistics startups raise bigger financing rounds Logistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands—the Thrasio-style venture of former Myntra CEO Ananth Narayanan—secured $50 million in a mix of equity and debt.
04 Jun, 2021, 07.03 PM ISTLogistics startup Locus raises $50 million, valuation hits $300 million Locus, a SaaS-based logistics startup, will use the funding from investors GIC, Qualcomm Ventures, Tiger Global and Falcon Edge to fuel its expansion, and research and development.
02 Jun, 2021, 06.33 PM ISTGIC in talks to lead Locus' $60 million Series C at $300 million valuation The capital will help Locus strengthen its technology, and scale up operations in the United States, its biggest market outside of India, sources said
27 May, 2021, 07.00 AM ISTTiger Global fuels India's startup boom with deal-making spree SoftBank Group Corp. and its Vision Fund, for instance, have invested in Delhivery, and in Ola, converting both into unicorns.
11 Jul, 2019, 09.17 AM ISTFalcon Edge may invest $30 million in Stanza Living Stanza Living is believed to be in the process of raising about $50 million in fresh financing.
15 May, 2019, 10.47 AM ISTFalcon Edge and Tiger Global bet $22 million in Locus Locus plans to utilise the capital to grow deeper into new markets by offering customisations and hiring teams locally.
14 May, 2019, 08.01 AM ISTWhy NY fund Falcon is encircling India’s startup space The VC fund is on course to close about half a dozen deals in areas ranging from artificial intelligence (AI) to urban mobility to financial technology.
29 Apr, 2019, 09.54 AM ISTLocus eyes jump in revenue from international operations Logistics optimization firm Locus expects 50% of business from international markets by next year. Currently, international operations contribute 20-25% of its total turnover.
30 Oct, 2018, 11.22 AM IST