locus

Locus provides route optimization, real-time tracking, and tools to enhance supply chain efficiency.

The India-based firm will use the fund to back about 25 tech startups in the country that are in the seed, pre-series A, and series A stages.

A weight loss app, a kids’ entertainment portal, and a food delivery startup gain traction to help make our lives better and easier are among the rising startups in India today.

Startups with funding from VCs like Sequoia are choosing to work with Microsoft Ventures. That’s a good thing.

And there’s plenty room for more in the US$300b industry.

There’s a reason why six-month-old LetsTransport bagged US$1.3 million in its first round of funding. That too from Rebright Partners and seasoned entrepreneurs Ankush Nijhawan, Gaurav Bhatnagar, and Manish Dhingra.

Investor money is pouring into on-demand delivery startups, and logistics is a key piece to the puzzle. But technology in this space is surprisingly primitive. Locus attempts to change that.