Ingka Investments (the investment arm of Ingka Group, the largest retailer under the IKEA brand) has acquired Locus, a U.S.-based logistics technology company specialising in AI-powered route optimisation, logistics management, and real-time tracking.
This acquisition represents a strategic pivot by Ingka Group to enhance its delivery and logistics capabilities—aimed at improving customer fulfilment, efficiency, and integrating next-generation AI logistics into its global ecosystem.
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Legal Advisory by Cyril Amarchand Mangaldas (Indian Counsel to Ingka Investments)
Transaction & Corporate Team
Aditya Prasad, Partner – Lead
Rohit Maheshwary, Senior Associate
Arundhati Diljit, Associate
Digvijay Singh, Associate
Saloni Agrawal, Associate
Pooja V, Associate
IP / TMT Advisory
Arya Tripathy, Partner – Lead
Aishwarya Joshi, Associate
Dhruv Somayajula, Associate
Milind Yadav, Associate
Employment Law Team
Bishen Jeswant, Partner – Lead
Kriti Kaushik, Partner
Nilavan S, Associate
ESOP / Governance Advisory
Sindhushri Badarinath, Partner – Lead
Rashi Kabra, Associate
Real Estate Advisory
Abhilash Pillai, Partner
Ritha Ulbyre, Partner
Diptayon Basu, Director
Shivani Subbaiah, Associate
Diligence Assistance Team
Edward James, Partner
Vedantha Sai, Senior Associate
Mansi Sethiya, Associate
Competition Law Team
Dhruv Rajain, Partner – Lead
Mohini Parghi, Associate
Secretarial Support
Mihir Sangani, Manager
Deepa Pathak, Consultant
Strategic Significance
The acquisition of Locus gives Ingka a logistics AI-platform capability, aligning with its ambition to digitise and optimise distribution and fulfilment at scale.
For the logistics & supply-chain industry, this represents a convergence of retail, AI and infrastructure-led investment.
From a legal perspective, the deal showcases sophisticated multi-discipline advisory (corporate, TMT, employment, competition, real estate) under Indian law for an international tech-logistics acquisition.
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Disclaimer
This article is for informational purposes only and does not constitute legal or financial advice. Readers should consult professionals before making decisions
