Location analytics startup Locale.ai has raised an undisclosed sum in a seed funding round led by early-stage venture capital firm Better Capital, with participation from two angel investors, the Bengaluru-based company announced on Monday.
Founded in 2019 by Rishabh Jain and BITS Pilani alum Aditi Sinha, Locale.ai works with companies operating in the mobility, on-demand delivery, logistics and supply chain sectors. The year-old startup, which has developed a real-time operational analytics platform using location data, claims to increase user conversion percentage by three times, as well as increase asset utilisation rate by 35%.
Source: Economic Times
:quality(90)/public/image/2018/8/26/profile_thepassage.jpg)
