Locofast is a business-to-business textile platform that connects producers and suppliers with brands and exporters.
Business Model: B2B
Revenue: $0
Employees: 51-200
Address: Okhla Phase II
City: New Delhi
State: delhi
Zip: 110020
Country: IN
Locofast is the fastest-growing B2B textile marketplace, leveraging technology to the core of transaction enabling smart, efficient and sustainable fabric sourcing solutions to businesses around the world. In a span of two years, the company has raised two rounds of funding, most recently being Series B financing. The company is backed by Chiratae Ventures and Axilor Ventures. The company is headquartered in New Delhi, with offices pan-India.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2022 | Debt Financing | 2 | - |
BlackSoil Stride Ventures BlackSoil Stride Ventures |
1/2020 | Seed Round | $2M | 2/2022 | Debt | - | 2/2022 | Series A | 6 | $15M |
Amit Lakhotia Axilor Ventures Chiratae Ventures Nitin Gupta Stellaris Venture Partners Suhail Sameer Amit Lakhotia Axilor Ventures Chiratae Ventures Nitin Gupta Stellaris Venture Partners Suhail Sameer |
2/2022 | Debt | - |
Stellaris Venture Partners Chiratae Ventures Axilor Ventures Stellaris Venture Partners Chiratae Ventures Axilor Ventures |
2/2022 | Debt Financing | 2 | - |
BlackSoil Stride Ventures BlackSoil Stride Ventures |
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