Locofast
Locofast is a fashion company in New Delhi, India, founded in 2019. It has raised $15.0M across 1 round, most recently a $15.0M Series A in March 2022.
India's largest B2B fabric and textile marketplace
- Headquarters
- New Delhi
- Employees
- 51–200
- Founded
- 2019
- Business Model
- Marketplace
- Website
- locofast.com
- Total Funding
- $15.0M
- Last Round
- $15.0M Series AMar 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.
About
Locofast is India's largest B2B fabric and textile marketplace, connecting fashion brands, garment manufacturers, buying houses, and private label businesses directly with a verified network of 500+ textile seller partners across India. Founded in 2019 by serial entrepreneurs Deepak Wadhwa and Mohit Piplani, the platform eliminates middlemen and brokers from the textile supply chain, offering transparent pricing, clear minimum order quantities, and a money safety guarantee on all transactions. Locofast has raised $15 million in Series A funding led by Chiratae Ventures and Stellaris Venture Partners, and has delivered over 50,000 orders to 700+ brands across India, Bangladesh, and Sri Lanka.
Summary
It lists 51–200 employees. It has raised $15.0M in total across 1 round, most recently a $15.0M Series A round in Mar 2022. Investors include Stellaris Venture Partners and Chiratae Ventures.
Tech & App Stack
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Funding History
Mar 2022
Investors
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