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Locus raises $50 million in Series C funding led by GIC with participation from Qualcomm Ventures and existing investors


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- Locus to use funds to focus on innovation, geographical expansion, and scaling the team
SAN FRANCISCO, June 2, 2021 /PRNewswire/ Locus, a future-ready platform that automates supply chain decisions, today announced that it has raised $50 million in Series C funding led by GIC, Singapore s sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge. Noted angel investors Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred, Raju Reddy, founder of Sierra Atlantic, and Deb Deep Sengupta, former President & MD, SAP South Asia, also participated in the round.
Locus will majorly use the funds for improving geographical reach and building its research and development team to expand the product line. ....

United States , United Kingdom , Republic Of , New York , Bamrish Rau , Nishith Rastogi , Walter Heil , Kunal Shah , Raju Reddy , Michaeld Parmett , Manhattan Associates , Qualcomm Technologies Inc , Tata Group , Qualcomm Ventures , Tiger Global , Pine Labs , Sierra Atlantic , Deb Deep Sengupta , North America , Southeast Asia , Senior Vice President , Vice President , Latin America , Varsha Tagare , Qualcomm Technologies , Managing Director ,