BlackBuck joins the unicorn club with $67M Series E investment

What's the news?

BlackBuck has raised Series E funding of $67 Mn. With this funding, the startup's valuation is now over $1 Bn. The round was led by Tribe Capital, IFC Emerging Asia Fund, and VEF. Existing investors Wellington Management, Sands Capital, and International Finance Corporation also participated in this round of funding.

More to know

BlackBuck digitises fleet operations for truckers and helps match trucks with relevant loads through its marketplace. The platform has close to 700,000+ truckers and over 1.2 Mn trucks on its platform, and it sees over $15 Mn in monthly transactions.