The Indian startup Locus that uses AI to map logistics operations has raised $22mln so it can expand its operation outside of India.
Collaboration brings the revenue in humanitarian logistics
The firm works with logistics and e-commerce teams and helps them to automate logistics processes like planning, workforce, tracking, etc. It looks at past data to identify patterns and see how automation could be implemented on a large scale so operations become smoother.
Electricity – the real logistics disruptor
Locus plans to expand in South Asia and North America. The firm has 110 staff with half of them outside of India.
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