Tag: BlackBuck

Logistics startup BlackBuck lays off 200 employees: Report

Since the Government of India imposed a nationwide lockdown to prevent the transmission of the novel coronavirus, the movement of goods has to come to a halt. Due to the lockdown, several logistics companies have started to lay off employees in an attempt to conserve cash. In recent news, online logistics solutions provider BlackBuck is…

BlackBuck raises Rs 56 Cr in debt and equity round

BlackBuck, India’s largest trucking platform, has raised about Rs 56.23 crore from Trifecta Venture. The funding is a mix of equity and debt. Apart from this, the company has raised Rs 6.23 crore through issuance of 322 Series D CCPS in equity priced at Rs 1.93 lakh, which still has to be received by BlackBuck.…