BlackBuck raises $150 million to digitize freight and logistics across India – TechCrunch

BlackBuck raises $150 million to digitize freight and logistics across India – TechCrunch

  • The new round was led by Goldman Sachs Investment Partners and Accel at a valuation just shy of $1 billion, according to a person familiar with the matter.
  • The four-year-old B2B startup, which connects businesses with truck owners and freight operators, has raised about $230 million in equity financing and another $100 million in debt financing to date, CEO Rajesh Yabaji told TechCrunch in an interview.
  • As of today, BlackBuck has 300,000 trucks on its platform and about 10,000 clients including big names such as soft drinks manufacturer Coca Cola, consumer goods giant Unilever, and automotive conglomerate Tata .
  • Delhivery, a supply chain startup, has raised north of $670 million from SoftBank, and Tiger Global among others.


Next Story
Share it
Top
To Top