Online Trucking Platform BlackBuck Valued at $1 Billion – Economic Times

(AF) Online trucking platform BlackBuck raised $67 million in a funding that valued it at over $1 billion, according to a report by The Economic Times.

BlackBuck was valued at $850 million when it raised funds in 2019. The recent funding round was led by Silicon Valley-based venture fund Tribe Capital, IFC Emerging Asia Fund and VEF. Other investors include Wellington Management, Sands Capital, and International Finance Corp (the World Bank investment arm). Full story: Economic Times.

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

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