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Locofast
company
About
Locofast is a business-to-business textile platform that connects producers and suppliers with brands and exporters.
- 51 - 100
Highlights
Details
- Last Funding Type
- Debt Financing
- Industries
- Fashion,Marketplace,Supply Chain Management,Textiles
- Founded date
- Jan 1, 2019
- Number Of Employee
- 51 - 100
- Operating Status
- Active
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.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
—
Locofast has raised a total of
—
in funding over 2 rounds. Their latest funding was raised on
Feb 28, 2022 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 28, 2022 | Debt Financing | — | 1 |
BlackSoil
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Locofast is funded by 1 investors.
BlackSoil
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
BlackSoil
|
Yes | Debt Financing |
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