Tag: BlackBuck

Logistics tech start-up Loadshare gets funds from Matrix

Technology-enabled logistics start-up Loadshare has raised an undisclosed amount in its first round of funding from venture capital fund Matrix Partners India. Started in January of 2017, Loadshare has built a network focusing on small and medium players by helping them with technology and operat…

Logistics firm BlackBuck raises $70mn from Sands, Accel, others

Bengaluru: Truck aggregator BlackBuck has raised $70 million (Rs 476 crore) from Sands Capital and other existing investors. The company, founded two years ago, has so far raised $100 million and has more than a lakh trucks on the platform. The Bengaluru-based company, founded by logistics profes…

Venture capital funding of logistics start-ups dips 68%

Hyperlocal logistics start-ups, the backbone for any e-commerce company, had a bumpy ride in 2016 in terms of fund raising and it does not seem to be getting any better. Venture capital funding into logistics start-ups has drastically declined by 68% to $124.61 million in 2016 compared to the pre…

Logistics aggregator GoodsOnMove in talks to rise seed funding

GoodsOnMove, an on-demand logistics aggregator for relocation and trucking services, is in advanced talks with potential investors to raise seed funding, the company’s founder told VCCircle. The company, run by Delhi-based Goods on Move Technologies Pvt Ltd, plans to use the funds to be raised fo…