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Access here alternative investment news about Logistics Platform Blackbuck Closes $150 Mn Series D Round
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Logistics Platform Blackbuck Closes $150 Mn Series D Round

by techcircle.in posted 3weeks ago 8 views
Zinka Logistics Solutions Pvt. Ltd, which owns business-to-business (B2B) technology-enabled logistics startup BlackBuck, has said it has closed a Series D funding round worth $150 million (Rs 1,050 crore at current exchange rate). In a statement, the company said that the round was led by Goldman Sachs and venture capital firm Accel, and joined by US-based asset management firm Wellington Management Company, Sequoia, B Capital and Light Street Capital. The latest round of funding will be used to penetrate deeper into the national freight transport market, besides investing heavily in technology and boosting product and data science capabilities.

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