Locus has announced a partnership with Vinculum to offer brands & retailers best-in-class routing, omnichannel commerce solutions, and supply chain management under one roof. Locus and Vinculum will together provide a seamless solution for brands to manage everything E-commerce, right from global marketplace listings, data consistency, real-time view of inventory in stores, BOPIS (buy online, pick up in-store), BOPAK (buy online, pick up at kerbside), Returns across channels, to last-mile routing.
“Locus is continuously increasing its presence in Southeast Asia, Middle East, and India. In these markets, the relevance of E-commerce and Direct-to-Consumer (D2C) has skyrocketed in the recent past. Companies are looking for solutions to go online and reach more customers,” said Krishna Khandelwal, Chief Business Officer, Locus.
“We work with all parts of the Omnichannel ecosystem including brands, 3pls, marketplaces and retailers. Smart logistics solutions are a problem area for many of our customers. The partnership with Locus will help our customers to be more efficient and enable them to scale faster,” says Venkat Nott, Founder & CEO, Vinculum Group.
Locus uses deep machine learning and proprietary algorithms to offer smart logistics solutions to customers. The company presently works with top clients across Southeast Asia, North America, Europe, and India. It has offices in the USA, India, Indonesia, and Vietnam. The top management of the company includes executives from Amazon Web Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and data scientists with PhDs from the Carnegie Mellon University and the University of Illinois, among others.
Locus has so far raised $29 million from tier-1 investors like Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners, & growX ventures, among others.