Locofast is a full-service supply chain platform for fashion brands and manufacturers that connects vendors and suppliers across markets. Its platform aims to address the fragmented textile supply chain by providing market linkages and operational support to textile SMEs. The company has partnered with over 500 suppliers who have collectively executed more than 5,000 orders and has touched the supply chain of over 700 brands, including supply-chain partners for Zara, H&M, TJX, Cotton:On and Primark. Locofast plans to use newly raised funds to invest in technology, expand to more than 15 cities in India, and launch three new product categories. The company also intends to expand its workforce and focus on growth of existing teams. Financially, Locofast recently closed a $15 million Series A and has supplemented equity with debt from strategic partners.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2022