Blackbuck Raises $12.5 Mn 

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    • January 2, 2019 at 4:34 pm #27986
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        #News(Startup) [ via IoTForIndiaGroup ]

        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 50.78 crore and rest came from
        International Finance Corporation (IFC), the investment arm of the World Bank.

        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.

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