Locad Bags $9 Mn To Expand Its Omnichannel Play For Ecommerce Brands

by · Inc42

SUMMARY

  • Ecommerce logistics startup Locad has raised $9 Mn (around INR 76 Cr) in a Pre-Series B funding round co-led by Global Ventures and existing investor Reefknot Investments
  • The company looks to deploy the fresh proceeds to expand its overseas footprint and scaling up its AI-driven smart logistics stack
  • The startup also counts Antler, Hustle Fund, Foxmont Capital Partners, Access Ventures and Kaya Founders among other investors