Locad, a Southeast Asian e-commerce logistics startup, is a cloud-based global e-commerce solution. Enter the international warehousing network. Distributed fulfillment brings products closer to customers, reducing shipping time and costs. Locad has announced that it has raised $11 million in Series A funding led by Reefknot Investments, which reportedly also attracted past investors Sequoia India and Southeast Asia’s Surge, Febe Ventures, Antler, and new investors Access Ventures, JG Summit and WTI participation.
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