Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund joined Sequoia Capital India’s Surge in a seed round headed by Surge, with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund. Locad provides eCommerce brands and merchants with easy yet scalable end-to-end solutions, ranging from plug-and-play eCommerce fulfillment to a distributed warehousing network in APAC for businesses wishing to expand globally.
Locad fills a critical gap in the present eCommerce state-of-play – Southeast Asia’s fragmented, complex, and slow supply chain ecosystem – with a fully digital and integrated platform that provides real-time visibility over order and inventory movements. Rather than helping companies with the appetite and ambition to expand outside borders, such gaps create hurdles.
Locad, which opened operations in Australia, Hong Kong, India, the Philippines, and Singapore in October 2020, is quickly creating a reputation for itself in the logistics business. While many companies handle delivery difficulties at the first and last mile, only a handful offer the fully integrated solution that Locad is pioneering. Shopify, WooCommerce, Lazada, Shopee, and Zalora are just a few of the eCommerce platforms that Locad’s business customers can link with. Brands can manage all of their orders and inventory across different sales channels from a single virtual pool, with a real-time insight of sales, orders, inventory, and service levels.
Brands can focus on building their business while Locad irons out the back-end operations of running a direct-to-consumer business.
CEO and co-Founder Constantin Robertz shared, “eCommerce and on-demand delivery services are accelerating in the Philippines. Many vendors, producers, and sellers are migrating to digital channels but are still hampered with the logistics of bringing products to their customers. They also lack infrastructure, resources, and experience in managing both online services and their own supply chain.” With the exponential growth of eCommerce in Southeast Asia, Locad is empowering eCommerce brands who will play a pivotal role in driving the Philippines’ massive post-pandemic growth opportunity.
The essence of Locad’s purpose is to level the playing field in direct-to-consumer commerce by providing brands of all sizes access to a simple yet scalable integrated, distributed, and flexible supply chain network. Our ability to provide a one-stop platform, from fulfillment capability to distributed warehousing, allows brands to meet the evolving needs of their customers with flexible, nimble, and pain-free logistics solutions. In an industry where reliability and speed can make or break an eCommerce brand, our ability to provide a one-stop platform, from fulfillment capability to distributed warehousing, allows brands to meet the evolving needs of their customers with flexible, nimble, and pain-free logistics solutions.
Interested parties can contact Locad through this link – https://fulfillment.golocad.com/get-started