• India's BlackBuck valued at $1 billion in $67 million fundraise

    4 days ago - By Tech Crunch

    India's trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck, one of the handful of logistics startups that is trying to overhaul this system, has just raised a new financing round and attained the coveted unicorn status.
    Tribe Capital, IFC Emerging Asia Fund and VEF led the $67 million Series E financing round in the six-year-old startup, valuing it at $1.02 billion, BlackBuck CEO Rajesh Yabaji told TechCrunch in an interview earlier this week. BlackBuck is the 16th Indian startup to become a unicorn.
    BlackBuck connects businesses with truck owners...
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