Logistics startup Locad bags $11 Mn to help businesses strengthen their omnichannel play
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Logistics startup Locad has raised $11 Mn in a Series A funding round led by Reefknot Investments, a fund led by Temasek and Kuehne & Nagel. The round also saw participation from existing investors Sequoia India’s Surge, Febe Ventures, Antler, and new investors–Access Ventures, JG Summit and WTI. Locad will use the fresh funds to boost its product development and hire talent across India and Asia-Pacific (APAC).