Tag: Locad

Capture investment opportunities created by megatrends

E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s Surge

E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. This means sellers run into roadblocks when shipping to buyers, especially outside of major metropolitan areas, and managing their supply chains. Locad, a startup that wants to help with what it describes as an “end-to-end solution”…
Read more


5 July 2021 0

Sequoia unveils fifth group of startups for Surge

Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region. The new cohort, Surge’s largest to date, have collectively raised $55 million, the storied investment firm said Wednesday. The cohort…
Read more


30 June 2021 0