Case study of Locus.sh Start-up.

About:

Locus is a smart automation and policy framework for logistics that features built-in road planning and vehicle engines, enhancing organizational quality and performance.

  • Established:2015
  • Head Office: Bangalore, KA India
  • Revenue: $26.8M per year
  • Founders: Geet Garg
  • Total Funding:$6.8M
  • Number of Employees:185

Fundings investors:

  • $29 million raised by Nishith Rastogi, co-founder, and CEO of Locus.
  • $22 million in Series B funding raised by AI.
  • BlackBuck — which raised $150 million
  • Ninjacart which raised $90 million

Business model:

Locus.sh is a state-of-the-art logistics platform for the optimization and efficiency of logistics operations. The company aims to provide logistics transformation value by solving complex problems such as load balancing, road optimization, and container use.

Marketing Strategies:

  • Treating Customer with care
  • Advertising Strategy
  • Financial Strategy
  • Social media

Challenges faced by:

  • Nourish customer loyalty
  • Company culture
  • Financial issues
  • Security and safety
  • Competitor activity at the regional level.

Successive factor :

  • customer satisfaction
  • live tracking platform
  • Availability of high-end algorithms
  • the platform provide helps companies and enterprises in e-commerce

Result:

The annual estimated revenue for Locus.sh now stands at $26.8 million annually.

Locus is a smart logistics automation platform with built-in route architecture, car delivery, and 3D packaging technologies, which increase organizational coherence and performance, boost customer loyalty with high SLAs and last-mile live monitoring. The Project helps businesses and organizations simplify and manage their operations in e-commerce, the distribution of milk, FMCG, and other verticals. We are a lean team that thrives in a welcoming and transparent environment. Soon this startup becomes more successful and covers all over the area of the world.