[TechUkraine news] Locad with development center in Ukraine has raised $4.9 million

Locad, a cloud logistics network that fulfills e-commerce orders for entrepreneurs and enterprises, with development center in Ukraine has raised a $4.9 million seed round from Sequoia Capital India, Antler, FEBE Ventures, Foxmont, GFC and Hustle Fund

  1. Startup’s aim is to close the gap between first-mile and last-mile delivery services, enabling e-commerce companies to offer lower shipping rates and faster deliveries while freeing up more time for other parts of their operations, such as marketing and sales conversions.
  2. Locad was founded in Singapore and Manila, now also has offices in Australia, Hong Kong and India.

via TechCrunch, AIN.UA