Logistic Startup BlackBuck Raises US$25M In Series-B Round

Bangalore-based B2B logistic startup BlackBuck has raised $25-million in Series-B round, led by Tiger Global, Accel Partners, and Flipkart. The startup helps customers move full truckloads between cities. It brings truckers and customers together on a platform to execute the transaction, using intelligent auction engines equipped with smart mobile interfaces. Currently, it employs 200-people and operates in 40-locations across India.
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