{"id":10194,"date":"2018-10-11T11:26:17","date_gmt":"2018-10-11T08:26:17","guid":{"rendered":"https:\/\/tirport.com\/indian-logistics-startup-blackbuck-acquired-total-investment-27-3-million-usd\/"},"modified":"2023-02-21T19:56:45","modified_gmt":"2023-02-21T16:56:45","slug":"indian-logistics-startup-blackbuck-acquired-total-investment-27-3-million-usd","status":"publish","type":"post","link":"https:\/\/tirport.com\/en\/indian-logistics-startup-blackbuck-acquired-total-investment-27-3-million-usd\/","title":{"rendered":"Indian Logistics StartUp \u201cBlackBuck\u201d Increases Its Total Investment To 27.3 Million USD"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/tirport.com\/wp-content\/uploads\/2018\/10\/Hindistan-li-Lojistik-StartUp-i-BlackBuck-Aldigi-Toplam-Yatirimi-27-3-Milyon-USD-ye-Yukseltti.webp\" alt=\"Indian Logistics StartUp &#x201C;BlackBuck&#x201D; Increases Its Total Investment To 27.3 Million USD\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\">BlackBuck, which provides online marketplace services for the Indian logistics market, increased the amount of investment it received from the investor group Sequoia Capital to 27.3 million USD.<\/p>\n\n<p class=\"wp-block-paragraph\">According to Blackbuck&#8217;s records, Sequoia&#8217;s SCI Investment VI fund has reached $27.3M with an additional investment of $13.5M (100 INR Cr). Older backers like Accel and Sands Capital in Blackbuck StartUp make up other investors.<\/p>\n\n<p class=\"wp-block-paragraph\">He states that BlackBuck, which started in 2015, is India&#8217;s largest trucking platform. It has grown rapidly in the last two years. Revenue growth was 7 times higher in FY17 to INR 76.4 Million (INR 566 Cr) but expenses also increased more than five times to $11.6 Million (INR 86 Cr). Despite this, Blackbuck achieved operational profitability this fiscal year (2017).<\/p>\n\n<p class=\"wp-block-paragraph\">Source: <a href=\"https:\/\/inc42.com\/buzz\/online-logistics-startup-blackbuck-gets-27-3-mn-in-funding-adds-sequoia-as-a-new-investor\/\" target=\"_blank\" rel=\"noopener\">https:\/\/inc42.com\/buzz\/online-logistics-startup-blackbuck-gets-27-3-mn-in-funding-adds-sequoia-as-a-new-investor\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackBuck, which provides online marketplace services for the Indian logistics market, increased the amount of investment it received from the investor group Sequoia Capital to 27.3 million USD. According to Blackbuck&#8217;s records, Sequoia&#8217;s SCI Investment VI fund has reached $27.3M with an additional investment of $13.5M (100 INR Cr). Older backers like Accel and Sands [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[86],"tags":[],"class_list":["post-10194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/comments?post=10194"}],"version-history":[{"count":0,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media\/6060"}],"wp:attachment":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media?parent=10194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/categories?post=10194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/tags?post=10194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}