# Mara Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mara-labs

- Industry: Software
- Headquarters: Bangalore, India
- Website: http://www.locus.sh
- Total disclosed funding: $79M
- Latest round: Series C (Jun 2, 2021)
- Investors on record: 12

## About

Based in Bangalore, India, and founded in 2015. Mara Labs, Inc is doing business as Locus that offers dispatch management and tracking for various types of industries by using smart logistical solutions like tracking shipment process, vehicle allocation, and dispatch planning. In June 2021, the firm’s venture capital was raised to USD 50 million in series C by GIC with involvement from alternative investors Qualcomm ventures, Falcon Edge Capital, and Tiger Global Management. As of July 2022, the company is founded by Nishith Rastogi also, a chief executive officer, and Geet Garg the chief technology officer. The founder first developed RideSafe which offers women’s safety tracking apps.

The firm provides delivery and track intelligence services for different types of industries like groceries, home services, manufacturing, etc. in real-time and offers vehicle distribution and hybrid fleet administration. The company’s clients are Big Basket, SC Johnson, TATA, Blue dart, Nestle, etc.

The company plans to improve its geographical spread and in developments of its product line.

## Funding rounds

- Series C, Jun 2, 2021, $50M — GIC, Tiger Global Management, Qualcomm Ventures, Alpha Wave Global
- Series B, Apr 22, 2019, $22M — Tiger Global Management, Blume Ventures, Alpha Wave Global, Exfinity Venture Partners
- Series A, Jun 4, 2018, $4M — Blume Ventures, Recruit Strategic Partners, Exfinity Venture Partners, GrowX Ventures, DSP Group, BEENEXT, pi Ventures, Rocketship.vc
- Series A, May 9, 2016, $2.8M — Blume Ventures, Exfinity Venture Partners, BEENEXT
- Angel, Jul 27, 2015 — GrowX Ventures

## Investors

- GrowX Ventures (https://capitalatlas.ai/funds/growx-ventures) — Angel, Series A
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A, Series B
- Exfinity Venture Partners (https://capitalatlas.ai/funds/exfinity-venture-partners) — Series A, Series B
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A
- Recruit Strategic Partners (https://capitalatlas.ai/funds/recruit-strategic-partners) — Series A
- DSP Group — Series A
- pi Ventures (https://capitalatlas.ai/funds/pi-ventures) — Series A
- Rocketship.vc (https://capitalatlas.ai/funds/rocketship-vc) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series B, Series C
- GIC — Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C