Locus, a global B2B SaaS company that automates human decisions in the supply chain, has partnered with Vinculum, a global software SaaS company enabling omnichannel commerce and supply chain fulfillment for brands.
Locus and Vinculum will together provide a seamless solution for brands to manage everything E-commerce, right from global marketplace listings, data consistency, real-time view of inventory in stores, BOPIS (buy online, pick up in-store), BOPAK (buy online, pick up at kerbside), Returns across channels, to last-mile routing.
Krishna Khandelwal, Chief Business Officer, Locus, said, “Locus is continuously increasing its presence in Southeast Asia, Middle East, and India. In these markets, the relevance of E-commerce and Direct-to-Consumer (D2C) has skyrocketed in the recent past. Companies are looking for solutions to go online and reach more customers. We, at Locus, are continuously looking to join hands with great partners to address customer pain points. We are very excited about this partnership with Vinculum as it will help brands take products to their customers without all the hassle that comes with starting from scratch.”
Venkat Nott, Founder & CEO, Vinculum Group, added, “As a leader in SaaS omnichannel retailing, e-commerce and B2B fulfillment, we work with all parts of the Omnichannel ecosystem including brands, 3pls, marketplaces, and retailers. As part of our extensive partner program, we continuously look for functionalities that extend our product capabilities and provide added value to our customers. Smart logistics solutions are a problem area for many of our customers. The partnership with Locus will help our customers to be more efficient and enable them to scale faster. We are excited by the possibilities of the partnership and the value it will bring to our mutual customers.”
Locus uses deep machine learning and proprietary algorithms to offer smart logistics solutions to customers. The company presently works with top clients across Southeast Asia, North America, Europe, and India. It has offices in the USA, India, Indonesia, and Vietnam.
The top management of the company includes executives from Amazon Web Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and data scientists with PhDs from the Carnegie Mellon University and the University of Illinois, among others.
Locus has so far raised $29 million from tier-1 investors like Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners, & growX ventures, among others.