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Sands Capital, IFC & others to invest $30 mn in logistics startup BlackBuck

Monday, February 27, 2017 | More »

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Tiger Global-backed logistics startup BlackBuck has received an investment commitment of $30 million (around Rs 200 crore) in its Series C funding round from a group of new and existing investors, including Sands Capital and World Bank’s arm International Finance Corporation (IFC). Citing two unna...

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B2B logistics startup BlackBuck to raise $10 mn from IFC

International Finance Corporation plans to make an equity investment of up to $10 million (Rs 68 crore) in logistics startup BlackBuck for a minority stake, the World Bank’s private-sector arm said. The investment will help BlackBuck, operated by Bangalore-based Zinka Logistics Solutions Pvt. Ltd,...

19 January, 2017 | More »

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Exclusive: Truck aggregator Ezytruk secures angel funding from Dubai-based investors

Bangalore-based logistics and truck aggregator Ezytruk Solutions Pvt Ltd has raised $147,000 (Rs 1 crore) in angel investment from Dubai-based investors Ajith Nair and Anish K. The startup will use the fresh capital to establish its commercial operations and invest in marketing and Internet of Thing...

17 January, 2017 | More »

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Freight service marketplace Comet raises funding from India Quotient, others

Mumbai-based Hyperflux Solutions Pvt. Ltd, which operates Comet, an online marketplace for international freight services, has raised an undisclosed amount in a pre-Series A funding round led by early stage investment firm India Quotient. Dubai-based Nobel House, Sunstone Capital and serial entrepre...

13 December, 2016 | More »

Pikkol

Exclusive: Pikkol raises funding from former 3M India head, Delyver co-founder, others

Bengaluru-based relocation service provider Pikkol has received seed funding from a group of angel investors, including Ajay Nanavati, former chairman of 3M India, the Indian arm of US multinational conglomerate 3M Co. and Afsal Salu, co-founder of hyperlocal delivery company Delyver, which was acqu...

26 October, 2016 | More »

Pikkol

IAN invests in relocation service provider Pikkol

Bangalore-based relocation service provider Pikkol has raised an undisclosed amount of funding from Indian Angel Network. Angel investor, CEO & managing trustee Bangalore Political Action Committee (BPAC) Revathy Ashok and Raj Rathi led the funding round on behalf of IAN. As part of the investme...

17 August, 2016 | More »

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Exclusive: Freight logistics marketplace Dipper raises angel funding

Delhi-based freight logistics marketplace Dipper, run by Dipper Technologies Pvt. Ltd, has raised funding from an angel investor. The company will use the funds for marketing initiatives and ramping up operations, besides expanding its teams in Delhi and other regions, Suryansh Jalan, Dipper co-foun...

20 June, 2016 | More »

BlackBuck

Exclusive: Logistics startup BlackBuck eyes acquisitions in IoT space

Tiger Global-backed startup BlackBuck, run by Zinka Logistics Solutions Pvt. Ltd, is scouting for acquisitions to bolster its play in the competitive logistics sector. It is looking at a couple of acquisitions to power up its tech infrastructure, said Rajesh Yabaji, founder and CEO, Blackbuck. “We...

19 May, 2016 | More »

Zebroads

Logistics startup Zebroads gets $75K in seed funding

Zebroads, which offers logistics and warehousing services to small companies, has secured seed funding of $75,000 (Rs 50 lakh) from a bunch of unnamed investors. The Hyderabad-based startup will utilise the capital raised to increase its warehousing capacity and to add more logistics partners to its...

7 May, 2016 | More »

Anurag

Exclusive: TruckMandi co-founder quits; startup to rejig business model

Delhi-based truck aggregator TruckMandi is going through a churn with co-founder Anurag Jain quitting, even as the startup tries to rejig its business model. “The current industry needs an overhaul, where more product and technology is required. From an operations-tech company we are transitioning...

15 April, 2016 | More »

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