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…
Tag: BlackBuck
BlackBuck raises Rs 56 Cr in debt and equity round
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•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.…