The freight services marketplace, which counts Flipkart as an investor, is set to raise $100m to $150m in its latest round, at an $800m valuation.
BlackBuck, the India-based freight services platform backed by online marketplace Flipkart, is raising between $100m and $150m in funding, Times of India reported yesterday, citing two sources familiar with the development.
The round will be led by Accel Growth, a fund owned by venture capital firm Accel, and includes $30.7m from investment banking firm Goldman Sachs according to regulatory filings. Sequoia Capital, B Capital, Sands Capital and the World Bank-owned International Finance Corporation are also taking part.
The company has…
