Locad Bags $9 Million in Pre-Series B Funding to Expand its Omnichannel Logistics Solutions New Delhi, India – Locad, a logistics startup focused on streamlining ecommerce operations, has
New Delhi, India – Locad, a logistics startup focused on streamlining ecommerce operations, has raised a substantial $9 million (INR 76 crore) in its Pre-Series B funding round. The round was led by Global Ventures and Reefknot Investments, with participation from several other investors such as Antler, Hustle Fund, Foxmont Capital Partners, Access Ventures, and Kaya Founders.
This significant investment will enable Locad to expand its footprint globally while scaling its AI-driven logistics platform. The company plans to use the funds to enhance its suite of smart logistics solutions designed to simplify and optimize the supply chains of ecommerce brands.
Locad was founded in October 2020 by Constantin Robertz, Jannis Dargel, and Shrey Jain with the vision to transform logistics for ecommerce businesses. Based out of Manila and Singapore, Locad provides end-to-end logistics solutions that include plug-and-play ecommerce fulfilment and a distributed warehousing network. These services are tailored to help brands scale their operations internationally while maintaining speed, accuracy, and reliability in deliveries.
One of the standout features of Locad’s offering is its AI-powered platform, which integrates various aspects of logistics like inventory management, order fulfilment, and delivery coordination. By automating and optimizing these processes, Locad helps businesses meet customer demands in a fast and cost-efficient manner.
With the recent funding, Locad is ready to broaden its global operations, focusing particularly on expanding its presence in key markets across Asia Pacific, Australia, and India. The company is also committed to investing heavily in enhancing its AI-driven logistics stack, which plays a crucial role in automating and optimizing the supply chain for ecommerce businesses.
Locad’s engineering headquarters will be in Bengaluru, India, where the company plans to grow its tech talent pool to further improve its platform and drive regional expansion. According to Shrey Jain, CTO and co-founder of Locad, Bengaluru will be the cornerstone for the company’s future tech development.
“We are looking forward to hiring top-tier engineers and innovators to help us build the next generation of logistics solutions,” Jain said.
The logistics market in Southeast Asia is experiencing rapid growth, with projections showing the industry could reach USD 55.7 billion by 2025. As ecommerce continues to surge in this region, there is an increasing need for efficient, scalable logistics solutions. Locad’s platform, which integrates AI and automation, helps brands keep pace with the demands of the digital commerce era.
Locad is capitalizing on this need by offering flexible, cost-effective, and scalable logistics solutions to brands of all sizes. By allowing companies to access a robust, distributed supply chain network, Locad helps them stay competitive without the logistical headaches typically associated with rapid growth.
At the heart of Locad’s mission is to simplify logistics for ecommerce brands, providing them with a unified solution that can scale as their business grows. With a focus on reliability and speed, the platform ensures that products are delivered on time, every time, while reducing operational complexity.
Locad’s comprehensive approach includes everything from real-time tracking and AI-driven insights to automated inventory management. These features allow ecommerce brands to operate smoothly and provide fast shipping, which is a crucial factor in customer satisfaction. Whether it’s managing stock across multiple warehouses or fulfilling orders for a global customer base, Locad ensures ecommerce businesses are ready for the challenges of modern commerce.
Constantin Robertz, CEO and co-founder of Locad, emphasizes, “We’re not just building a logistics platform; we’re enabling ecommerce brands to thrive by offering the infrastructure they need to grow sustainably and meet evolving customer expectations.”
With ecommerce logistics becoming more complex, brands are looking for solutions that are both reliable and scalable. Locad’s AI-powered platform offers just that, making it easier for companies to manage the logistics of their ecommerce operations from anywhere in the world.
Locad’s ability to offer a one-stop platform for everything from order fulfilment to distributed warehousing is a game-changer for businesses looking to scale quickly without the added stress of logistics management.
As the ecommerce industry continues to expand, Locad is well-positioned to capture a significant share of the growing logistics market. By providing cutting-edge logistics solutions and offering companies the tools they need to scale efficiently, Locad is shaping the future of ecommerce logistics across the globe.
