Ingka Group Acquires Locus to Transform the IKEA Home Delivery Experience

MILPITAS, Calif., Oct. 07, 2025: Locus, a leading logistics technology company, has been acquired by Ingka Investments, the investment arm of Ingka Group, which operates over 600 customer meeting points across 31 countries. Locus will remain operationally independent within Ingka Group, retaining its brand and leadership, while continuing to grow its services for partners beyond Ingka Group. This approach supports ongoing innovation and growth for both companies and contributes to IKEA’s broader digital transformation, helping make shopping and delivery even smoother for customers.

What began as a collaboration to transform IKEA home-delivery operations has evolved into a strategic acquisition. After an extensive evaluation of logistics software worldwide, Ingka selected Locus for its platform's strength in combining advanced route optimization, real-time visibility, and smart use of vehicles and resources. Combined, Ingka Group’s global scale and Locus’ technology will enable faster, more reliable, deliveries for IKEA customers.

“Joining the Ingka Group family and serving IKEA markets marks a historic milestone for Locus and our customers,” said Nishith Rastogi, founder & CEO, Locus. “This partnership fosters our autonomy and vision, ensures our perpetuity, fast-tracks innovation and provides us with a greater reach to impact more enterprise customers globally. But most importantly, it opens doors to resources, distribution and markets we couldn’t have reached on our own this quickly. To usher in this new era, our product, engineering and revenue teams will grow significantly, building a legacy of impact spanning decades.”

As home-delivery volumes continue to rise, Ingka Group and Locus. This collaboration builds on the Ingka Group’s track record of strategic technology investments, including the acquisitions of Made4Net to bolster warehouse management capabilities and TaskRabbit to grow in-home services.

“This acquisition aligns perfectly with our commitment to improving the customer journey at every touchpoint,” said Tolga Öncü, Head of IKEA Retail (Ingka Group), “By bringing Locus’ technology in-house, we’re taking control of a crucial element in our fulfillment chain, allowing us to deliver with greater speed and flexibility, while reducing administrative complexity.”

This partnership begins an exciting chapter of growth, scale and innovation for Locus. Over the next year, the company plans to expand its team significantly, accelerating its mission to provide global enterprises with resilient, AI-driven logistics solutions built for the future.

“From last-mile beginnings to an all-mile, all-channel platform built for enterprise scale and real-world use, we’ve seen Locus come a long way in the last decade” said Shailesh Ghorpade, Managing Partner at Exfinity Venture Partners. “Partnering with them on that journey has been a privilege, and we wish them success in their next chapter to transform logistics for large enterprises at scale.”

Learn more about how Locus is powering faster, more reliable deliveries for global enterprises at Locus.sh.

Locus is an agentic Transportation Management System (TMS) for all-mile, all-channel with 350+ enterprise customer deployments in 30+ countries across North America, Europe and Asia Pacific. The platform unifies orders, capacity and carrier networks into one living plan, aligning planning, execution and settlement, solving for real-world logistics constraints and complexities for large enterprises. Locus has optimized 1.5B + deliveries, helped achieve $320M+ in logistics cost savings and avoided 17M+ kg of emissions for its customers. Learn more at locus.sh.

With IKEA retail operations in 31 markets, Ingka Group is the largest IKEA retailer and represents about 90% of IKEA retail sales. It is a strategic partner to develop and innovate the IKEA business and help define common IKEA strategies. Ingka Group owns and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. It has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Learn more on Ingka.com.

Ingka Investments is the investment arm of Ingka Group, the largest IKEA retailer. They invest in assets, manage companies and operate strategic businesses to preserve and create value for Ingka Group and IKEA, now, and for generations to come. They invest across six strategic areas including business acquisitions and venture investments that drive transformation for IKEA Retail, with focus areas spanning logistics and fulfillment, home-furnishing services, financial services, life-at-home services and sustainable food production.