Blackbuck
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.0m | Series A | ||
$25.0m | Series B | ||
$70.0m | Series C | ||
$27.0m | Series D | ||
$150m | Series D | ||
* | $7.8m | Late VC | |
$4.0m | Debt | ||
$67.0m Valuation: $1.0b | Series E | ||
Total Funding | $352m |
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EditBlackBuck is India's largest trucking platform, operating in the logistics and transportation industry. The company provides a digital marketplace that connects shippers and truckers, streamlining the process of freight transportation. It serves a wide range of clients, from small businesses to large corporations, who need to transport goods across the country.
The business model of BlackBuck is based on a digital platform that uses technology to bring efficiency and transparency to the trucking industry. It makes money by charging a commission on each transaction made through its platform. The company also offers additional services such as fleet management, insurance, and financial services, which provide additional revenue streams.
BlackBuck operates in a large and growing market. The logistics industry in India is fragmented and inefficient, which creates a significant opportunity for a digital platform like BlackBuck to disrupt the market and capture a large share of it. The company's use of technology to improve efficiency and transparency in the trucking industry gives it a competitive advantage over traditional logistics companies.
In summary, BlackBuck is a digital marketplace for freight transportation in India. It serves a wide range of clients and operates in a large and growing market. The company makes money by charging a commission on transactions and offering additional services.
Keywords: Trucking, Digital Marketplace, Freight Transportation, Logistics, India, Technology, Efficiency, Transparency, Commission, Additional Services.