Flipkart-backed logistics marketplace BlackBuck is approaching unicorn status after completing a $150m series D round co-led by Goldman Sachs and Accel.
BlackBuck, an India-based freight services provider backed by e-commerce platform Flipkart, has closed a $150m series D round co-led by venture capital firm Accel and investment bank Goldman Sachs, TechCrunch reported yesterday.
Wellington Management, Sequoia Capital, B Capital, Light Street Capital, Sands Capital and the World Bank-owned International Finance Corporation (IFC) also took part in the round.
Goldman Sachs participated through its Investment Partners unit and the round valued BlackBuck at slightly less than $1bn.
Founded in 2015, BlackBuck has…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
