Chiratae Ventures “Pride of India Awards for Successful Fundraising 2021”

Since the two years inception, Locofast has witnessed robust growth. The idea of building a platform which could enable textile SMEs with consistent business opportunities, was such a novel idea. However, the need to step up and adapt to evolving dynamics of the textile industry and to streamline the currently broken textile supply chain was indispensable. We are elated to have won the Pride of India Awards for Successful Fundraising 2021. For Locofast, to become part of a long-standing achievement and to be recognized along with other portfolio companies at Chiratae Ventures (Formerly IDG Ventures India) Ventures, is such a proud moment.