The Flipkart-backed shipping services platform has raised additional capital from Accel and Sands Capital, taking its total funding to approximately $141m.
Blackbuck, an India-based freight services marketplace that counts e-commerce firm Flipkart as an investor, has received Rs 870m ($12.4m) in a round led by Sands Capital Ventures, VCCircle has reported.
Sands Capital Ventures, the venture capital unit of investment manager Sands Capital Management, invested $7.2m in the round, with the rest supplied by International Finance Corporation (IFC), the private investment branch of the World Bank.
Founded in 2015, Blackbuck has developed an online marketplace that enables businesses with shipping requirements…
