Tag: LOGISTICS

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…

TYGR secures $3 mn pre-Series A funding from Franchise India

Chennai: Logistics aggregator app TYGR, bagged its pre-series A funding of $3million, from lead investor, Franchise India, a franchise and retail solution provider and other investors. This fund will be utilised for marketing, product development, and to expand the franchisee-led distribution net…