Blackbuck an Online Marketplace for Trucking raises $150 million funding
BlackBuck, an online marketplace for trucking has raised USD 150 million funding led by Goldman Sachs Investment Partners and Silicon Valley-based Accel.
Wellington, Sequoia Capital, B Capital, and LightStreet were the other new investors also participated in the funding round.
The latest round, which takes the total quantum of funds raised by the company to over USD 230 million, also saw participation from existing investors Sands Capital and International Finance Corporation, the investment arm of the World Bank, the statement added.
BlackBuck plans to deploy these funds to penetrate deeper into the national freight transportation market, investing heavily in technology, boosting product and data science capabilities.
"As part of this round, the employees at BlackBuck have ac...