Indian startup Loca nabs funding from Stellaris, Fosun, others

Loca, a shared last-mile connectivity provider in Bengaluru, has raised an undisclosed amount of funding in its first round of investment led by Stellaris Venture Partners, China-based Fosun RZ Capital and a group of individuals including Aprameya Radhakrishna (co-founder of Taxiforsure), Mayank Bidawatka (co-founder of Vokal) and Rohit MA (co-founder of Cloud Nine).