BlackBuck is funded by 13 investors. The funding round was led by Goldman Sachs Investment Partners and venture capital firm Accel. Thursday, May 2, 2019. India’s trucking system has a big inefficiency problem that continues to drag the economy. Moller-Maersk Group Nippon Express Ryder System. BlackBuck CEO Rajesh Yabaji has said that the company has its sights set on aggressive growth and thus would not be concerned with the growing losses yet. BlackBuck has emerged as a leader in the organised trucking industry and its financial performance in FY19 clearly indicates that it’s better than its peers such as Rivigo. BlackBuck, one of the handful logistics startups that is trying to overhaul this system, just raised $150 million in a Series D round to further pursue its mission. Competitors: UNKNOWN. Jayamangali (formerly Maidenahalli) Blackbuck Conservation Reserve is Tumkur district's only notified protected area. The company’s operational revenues contributed almost 95% to its total revenue of $153.26 Mn in the fiscal year ending March 31, 2018. See what employees say about what it's like to work at BlackBuck. Salaries, reviews and more - all posted by employees working at BlackBuck. See Blackbuck's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. blackbuck.vip links to network IP address 192.64.119.15. Yabaji says the startup aims to aggressively grow its business, so profitability is not something it is hoping to go after in the immediate future. Wednesday, 1 May 2019. ℹ️ blackbuck.vip uses Microsoft ASP.NET, Nginx, Sitefinity web technologies. The difference in revenue multiple could be attributed to the defensibility that comes with Rivigo’s ownership over a fleet of trucks while also operating a marketplace similar to BlackBuck’s. It is inolved in Other financial intermediation. 50,000,000. BlackBuck employs over 2,000 people and generated $135.5 million in revenue and losses of $17 million in 2018. The company spent Rs 1,840 crore on transportation costs in FY19, which is a two-fold increase from Rs 880.3 crore in FY18. "Three blackbuck were found dead in Savainagar village today. 1 BlackBuck Revenue Manager Review about salary & benefits work culture skill development career growth job security work-life … View Blackbuck (www.blackbuck.com) location in Karnataka, India , revenue, industry and description. In March 2019, BlackBuck raised $43.53 million (Rs 303.51 crore then) from Goldman Sachs and B Capital. May 01, 2019 – India’s trucking system has a big inefficiency problem that continues to drag the economy. In comparison, BlackBuck's direct competitor Rivigo witnessed only a 45% growth in revenue during the same period and recorded operating revenues of Rs 1,005.3 crore in FY19.
Discover Blackbuck. The Bengaluru-based company’s operating revenue had jumped 2x to Rs 1,790.7 crore in FY19 from Rs 888.7 crore in FY18. BlackBuck has been raising funding in multiple tranches at regular intervals since October last year and, as a result, its valuation has soared. blackbuck.services links to network IP address 198.185.159.144. Blackbuck also generated Rs 12.06 crore in financial income during the fiscal ended in March 2019. ... Revenue Unknown / Non-Applicable. The round saw participation from Accel Partners US, B-Capital and Goldman Sachs. It neighbours Maidenahalli, a small village in Madhugiri Taluk, at the north-eastern tip of Tumkur district of Karnataka state, India.This area is a part of the plains of Deccan plateau and borders Anantapur district of Andhra Pradesh. Use the PitchBook Platform to explore the full profile. Cumulatively, BlackBuck has raised around $145 million in the last seven months. Blackbuck's top competitors are Rivigo, ElasticRun and Delhivery. India . BlackBuck is a platform which matches a shipper with a trucker real time and at market competitive rates. According to the latest RoC filings of the company with the Ministry of Corporate Affairs (MCA), the Blackbuck board has approved allotment of 322 Series D CCPS equity shares and 500 series A non-convertible debentures by private placement to Trifecta. BlackBuck raises $150 million to digitize freight and logistics across India May 1, 2019 josh 0 Comments. Startup company . ℹ️ blackbuck.services uses Microsoft ASP.NET, Nginx, Sitefinity web technologies. Information on valuation, funding, cap tables, investors, and executives for BlackBuck. It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. Xpressbees's main competitors include BlackBuck, Epic Freight Solutions, Yodel Delivery Network and AxleHire. Blackbuck . Blackbuck also generated Rs 12.06 crore in financial income during the fiscal ended in March 2019. Fauna of Asia . We are solving some of the core problems in the areas such as price discovery, ... Great Place To Work® Certification, Great Place to Work Institute, 2019 New Delhi: Rivigo Services’ revenue rose 42% to Rs 1,028 crore in the previous financial year, even as losses at the Gurugram-headquartered surface transport and logistics company more than doubled. Unknown. BlackBuck is building the online marketplace platform for freight where our shippers and fleet operators can engage seamlessly. In comparison, BlackBuck’s direct competitor Rivigo witnessed only a 45% growth in revenue during the same period and recorded operating revenues of Rs 1,005.3 crore in FY19. BlackBuck - Revenue Model Facing a hell lot of problems right? Revenue: Unknown / Non-Applicable. BlackBuck, which employs about 2,000 people, generated $135.5 million in revenue at a loss of $17 million in fiscal year 2018, according to regulatory filings. BlackBuck would thus be at a revenue multiple of 7.5x compared to Rivigo at 10x, assuming a billion-dollar valuation which seems like an inevitability for both companies. 2019-05-01 01:15:00. BlackBuck raises $150 million to digitize freight and logistics across India India’s trucking system has a big inefficiency problem that continues to drag the economy. India’s trucking system has a big inefficiency problem that continues to drag the economy. Great Place To Work® Certification, Great Place to Work Institute, 2019. 50,000,000 and its paid up capital is Rs. BlackBuck Plans to Digitize Logistics and Freight in India, raises $150 million Check Sources. At Blackbuck, Garodia was heading ... Its losses have jumped almost 200 percent from Rs 116 crore in financial year 2018, when its total revenue was Rs 900 crore, half of 2019. Blackbuck's revenue rose about 60% to 901.9 crore in fiscal 2018. The fresh fundraise takes the total equity capital BlackBuck has mobilised so far to more than $230 million, multiple media reports said on Wednesday, citing CEO Rajesh Yabaji. According to Registrar of Companies (RoC) filings by Blackbuck, it has raised Rs 550 crore in Series C funding. During the same period, its losses also rose … Online B2B logistics solutions marketplace Blackbuck has raised Rs 56 crore in a mixed round of equity and debt fund from Trifecta Venture. Find more data about blackbuck. Its authorized share capital is Rs. Blackbuck Finserve Private Limited is a Private incorporated on 29 January 2019. ... 2019. Find more data about blackbuck. 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