Logistics Tech Startup Blackbuck Raises $12.5 Mn from Existing Investors and IFC of World Bank
Bangalore-based Zinka Logistics Solutions Pvt. Ltd, which owns and operates tech-enabled logistics and supply chain solutions brand, Blackbuck, has raised fresh $12.5 million (Rs 87 crore) from some of its existing investors, reported VCCircle. BlackBuck's existing investor Sands Capital led the round by investing Rs;
- In October this year, the logistics firm had raised Rs 202.96 crore ($27.4 million) in a Series D round of funding led by Sequoia Capital along with participation from existing investors Sands Capital and Accel.
- So far, the logistics startup has raised a total of about $148 million in funding over six rounds including this one.
- Founded in 2015, by IIT Kharagpur alumni Rajesh Yabaji, Chankaya Hridaya, and Ramasubramaniam, Blackbuck offers B2B logistics solutions for long-haul trucking.