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BlackBuck has raised $25 million from Tiger Global, Flipkart, Accel

BlackBuck which is a business to business logistics startup has raised USD 25 million (about Rs 167 crore) in funding from Tiger Global, Apoletto (DST-Yuri Milner’s Founders Fund), Accel and Flipkart.

Earlier this year, the company had received USD 5 million funding from Accel Partners and Flipkart.

The company said in a statement that “BlackBuck would utilize the Series B funds to ramp up expansion, build products and set-up the team. The company plans to expand their footprint to 200 locations through the next year”.

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