About Locus
Locus is a Transportation, Automotive & Logistics company based in Milpitas (United States) founded in 2015 by Geet Garg and Nishith Rastogi, and was acquired by Ingka in October 2025. Last-mile delivery software is optimized for automation and logistics analysis. It operates on a SaaS (Software-as-a-Service) and API-as-a-Product model. Locus has raised $82.53 million across 5 funding rounds from investors including Recruit Holdings, pi Ventures and Exfinity Venture Partners. Locus has completed 1 acquisition, including Freo Group. Locus was last valued at $300 million in May 2021. Its chief executive, as recorded, is Nishith Rastogi. Its website locus.sh draws about 76 thousand monthly visits. Its Indian entity Mara Studios Private Limited reported revenue of ₹66.04 Cr. Locus offers products and services including Fulfillment Automation, Dispatch Planning, and Delivery Orchestration. Its focus areas include Technology, Logistics Software and Delivery Optimization. Its competitors include OnFleet, RideOS and FarEye; 3 of its 3 listed competitors have raised funding.
Company details
Locus is established as a provider of AI-powered logistics solutions aimed at achieving all-mile delivery excellence. The platform is designed to optimize fulfillment processes across various industries including retail, FMCGCPG, e-commerce, and manufacturing. Solutions offered by Locus include dispatch planning, delivery orchestration, and fulfillment automation, ensuring cost efficiency and enhanced customer experiences. The system is integrated with TMS, OMS, WMS, and ERP systems through an API-first approach, addressing modern logistics challenges. Operations are supported in over 30 countries, catering to diverse business use cases with a focus on scalability and sustainability.
- Headquarters Milpitas, United States
- Founders Geet Garg, Nishith Rastogi
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website locus.sh
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Ingka (Oct 2025)
- Legal Name Mara Labs Inc.
- Date of Incorporation 16 Jul, 2015
- Indian entity revenue₹66.04 Cr
FY 2024 · -32% YoY
- Indian entity net profit₹5.76 Cr
FY 2024 · 9% margin
- Indian entity EBITDA₹7.62 Cr
FY 2024 · 12% margin
- Total Equity Funding$82.53M (USD)
in 5 rounds
- Latest Funding Round$50M (USD), Series C
May 2021
- InvestorsRecruit Holdings
& 25 more
- Investments & Acquisitions
- Acquired byIngka
(Oct 2025)
Associated legal entities of Locus
Locus operates through Mara Studios Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mara Studios Private Limited CIN U72200KA2015FTC104823 | Active | 16 Jul 2015 | Bangalore, Karnataka | ₹66.0 Cr | 163 | 3 | View details |
Products & Services of Locus
Locus offers a comprehensive portfolio of products and services, including Fulfillment Automation, Dispatch Planning, and Delivery Orchestration.
Automation of fulfillment processes for efficient delivery operations.
Route optimization for improved delivery scheduling and performance.
Scalable solutions for managing carrier selection and efficiency.
Apps and channels of Locus
its YouTube channel Locus: Growth, Delivered has 2.26K subscribers and 30 videos.
Videos from Locus
The most watched videos on Locus's YouTube channel, Locus: Growth, Delivered (2.26K subscribers). Click a video to play it here.
More on Locus: Growth, Delivered.
Funding Insights of Locus
Locus has successfully raised a total of $82.53M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $82.53M
- Total Rounds 5
- Last Round Series C — $50M
- Investors Count 25
All 5 funding rounds of Locus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $50M | Series C | $300M | GIC | |
| May 2019 | $25.78M | Series B | – | Tiger Global Management, Alpha Wave Global | |
| Jun 2018 | $4M | Series A | – | Rocketship | |
| May 2016 | $2.75M | Series A | – | Exfinity Venture Partners | |
| Jul 2015 | Seed | – | Growx |
| Date | Valuation | Stage |
|---|---|---|
| May 2021 | $300M | •••••••• |
Last known valuation $300M (May 2021). 26 investors in total: 15 institutional and 11 angel.
Investors in Locus
Locus has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Recruit Holdings, pi Ventures and Exfinity Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on growth-stage companies | alphawaveglobal.com | New York, United States | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Investment in B2B technology ventures from India for global markets. | 2013 | exfinityventures.com | Bengaluru, India | |
FalconX is engaged in supporting startup founders and ventures. | falconx.vc | Milpitas, United States | ||
Rocketship.vc is engaged in data mining and startup investment. | rocketship.vc | Los Altos, United States | ||
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors | recruitstrategicpartners.com | San Mateo, United States | ||
Deep-tech venture capital investments in early-stage companies. | 2016 | piventures.in | Bengaluru, India |
Investor details for Locus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Mara Studios Private Limited (Locus)
Mara Studios Private Limited is the primary company behind Locus. The board of Mara Studios Private Limited currently have 3 directors; the longest-serving is Geet Garg, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Geet Garg DIN 06678654 | Director | 16 Jul 2015 | 11 yrs 3 mo | Mara Studios Private Limited |
| Raju Aravindhan DIN 10677742 | Additional Director | 01 Oct 2025 | 1 yr 1 mo | Mara Studios Private Limited |
| Nitika Redhu DIN 11210263 | Additional Director | 01 Oct 2025 | 1 yr 1 mo | Mara Studios Private Limited |
People of Locus
27 people are tracked at Locus (14 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Chinmay Majithia | Associate Director Product Development | Leadership |
Megha Shah | VP Finance | Leadership |
Nachiket Murthy | Founder's Office | Leadership |
Robin Abraham | Head - People & Culture | Leadership |
Abhinav Suresh | Associate Vice President And P&l Leader - India, Middle East & Africa | Leadership |
Manu Yadav | Associate Director-talent Acquisition | Leadership |
Sanjay Goel | Senior Vice President Of Engineering | Leadership |
Pradyumna Chowdhary | Chief Product Officer | Leadership |
Bindhu John | Chief Happiness Officer | Leadership |
Utkarsh Garg | Chief Financial Officer | Leadership |
Mahesh Kaushik | Ceo's Office | Leadership |
Ajinkya Bhagwat | VP - Design | Leadership |
Anmol Bhat | Senior Product Manager | Team |
CMA Subramanyam Reddy jagadam | Finance Manager | Team |
Sooraj K | Product Manager- Carrier Integrations | Team |
Santhoshram Narayanan | Lead Product Designer | Team |
Kishore kumar | Office Executive | Team |
Ravikanth Shetty | Senior Manager P&c Operations | Team |
7 more people are available in the full profile.
Complete people profiles for Locus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Locus
Figures of Mara Studios Private Limited, the primary company behind Locus, for FY 2024. Revenue was ₹66.04 Cr (-32% year on year). Net profit was ₹5.76 Cr (9% margin). EBITDA was ₹7.62 Cr (12% margin). Revenue has grown at a compounded annual rate of +10% over three years and +19% over five years.
- ₹66.04 CrRevenue · FY 2024 · -32% YoY
- ₹5.76 CrNet profit · 9% margin
- ₹7.62 CrEBITDA · 12% margin
- ₹2.3 LakhPaid-up capital
- 163Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mara Studios Private Limited are on its company page.
Detailed financial statements for Locus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Locus
Locus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Freo Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform for industrial equipment rental | freogroup.com.au | Hope Valley, Australia | 1974 | Mar 2022 | $10M |
Complete acquisition details for Locus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
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Verified entity values are shown only after access is granted.
Timeline of Locus
6 dated milestones of Locus across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Locus is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $50.0M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Freo Group.
- Exit Acquired by Ingka.
Competitors of Locus
Locus has 3 listed competitors in our database, 3 of them funded. They include OnFleet, RideOS and FarEye.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onfleet.com | 2012 | San Francisco, United States | $44.79M | 48 | Cloud-based software is utilized for last-mile delivery management. | |
| rideos.ai | 2017 | San Francisco, United States | $34M | 37 | Technologies for self-driving vehicle transportation ecosystems are provided. | |
| fareye.com | 2013 | Chicago, United States | $152.06M | 388 | Last-mile delivery operations are managed through SaaS and AI solutions. |
Detailed competitors of Locus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Locus
The website of Locus (locus.sh) receives about 76.1K visits a month and ranks #536,882 among all websites worldwide, #4,229 in Business Services.
- Monthly visits76.1K
▲ 11.4% vs previous month
- Unique visitors31.3K
per month
- Global rank#536,882
among all websites
- Category rank#4,229
Business and Consumer Services · Business Services
- Bounce rate44%
- Pages per visit1.8
- Average visit26 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Locus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
smartroutes.io | smartroutes.io | 100% | #645,468 | – | |
| fareye.com | 98% | 56.5K | #520,326 | View details | |
| loginextsolutions.com | 97% | 287.5K | #127,597 | View details | |
| mobietrain.com | 94% | 17.6K | #1,130,649 | View details | |
| zebra.com | 90% | 2M | #24,881 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Locus
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- 40 similar websites
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Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Locus (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Locus
Complete news archive for Locus
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Frequently Asked Questions about Locus
Locus was founded in 2015.
Locus is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Nishith Rastogi is the CEO of Locus, as recorded in our data. They have also founded this company.
Locus is a funded company, having raised a total of $82.53M across 5 funding rounds to date.
The primary company behind Locus, Mara Studios Private Limited, reported revenue of ₹66.04 Cr for FY 2024, down 32% year on year.
Locus is established as a provider of AI-powered logistics solutions aimed at achieving all-mile delivery excellence. The platform is designed to optimize fulfillment processes across various industries including retail, FMCGCPG, e-commerce, and manufacturing. Solutions offered by Locus include dispatch planning, delivery orchestration, and fulfillment automation, ensuring cost efficiency and enhanced customer experiences. The system is integrated with TMS, OMS, WMS, and ERP systems through an API-first approach, addressing modern logistics challenges. Operations are supported in over 30 countries, catering to diverse business use cases with a focus on scalability and sustainability.
Locus offers Fulfillment Automation, Dispatch Planning, and Delivery Orchestration.
Locus has made 1 acquisition, including Freo Group.
Locus has 26 investors. Key investors include Recruit Holdings, pi Ventures, Exfinity Venture Partners, Qualcomm Ventures, and GIC.
The valuation of Locus is $300M as of May 2021.
Locus operates through Mara Studios Private Limited.