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Locus raises $50 million from GIC, Qualcomm, others

Logistics startup Locus has raised $50 million in series C funding led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures, and existing investors Tiger Global and Falcon Edge and a bunch of angel investors – Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred, Raju Reddy, founder of Sierra Atlantic, and Deb Deep Sengupta, former president & MD, SAP South Asia – have also invested.Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News

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