Trucking platform BlackBuck becomes latest Indian unicorn with $67m funding

Rajesh Yabaji, co-founder and CEO of BlackBuck. Photo: Hemant Mishra/Mint

Online trucking platform BlackBuck is the newest entrant to India’s growing list of unicorn startups, raising $67 million as part of its latest Series E round of equity financing at a valuation of $1.02 billion.

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 the round.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter