Supply chain tech startup Locus raises $50 mn from Qualcomm, Tiger Global

Series C funding led by Singapore's sovereign wealth fund GIC; Falcon Edge and a clutch of angels also participate

Locus, a platform that automates supply chain decisions, has raised $50 million in Series C funding led by GIC, Singapore’s sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge. Noted angel investors Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred also participated in this round. The other angel investors include Raju Reddy, founder of Sierra Atlantic, and Deb Deep Sengupta, former President and MD, SAP South Asia.

Locus will majorly use the funds for improving geographical reach and building its research and development team to expand the product line.

“Quality and