Locad is a Singapore-based startup founded in 2020 that has garnered attention for its logistics platform targeting e-commerce brands. The company's mission is to revolutionize the supply chain and logistics industry by offering a comprehensive solution that covers storage, packing, shipping, and order tracking across the Asia-Pacific, GCC, and the USA. By synchronizing inventory across online channels and leveraging a network of warehouses and shipping partners across key locations, such as Singapore, Malaysia, the Philippines, Thailand, Indonesia, China, Australia, the USA, Saudi Arabia, and UAE, Locad enables faster shipping, cost reduction, and exponential growth for hundreds of partner brands. The latest significant development for Locad came in the form of a $11.00M Series A investment led by a consortium of investors, including Antler, FEBE Ventures, Access Ventures, Surge, Western Technology Investment, JG Summit Holdings, Reefknot Investments, Peak XV Partners, and Vivek Bajoria, on 15 January 2023. This injection of funds further validates the potential and appeal of Locad's innovative logistics engine in the rapidly expanding e-commerce and supply chain markets. With a focus on Cloud Infrastructure, E-Commerce, Logistics, and Supply Chain industries, Locad is well-positioned to capture a significant market share and become a transformative force in the logistics ecosystem. The startup's headquarters in Singapore strategically situates it at the heart of a thriving regional e-commerce hub, providing access to key markets and fostering collaborative partnerships. As Locad continues to expand its reach and offerings, it presents an intriguing opportunity for investors seeking exposure to the burgeoning e-commerce logistics space.
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