StageSeries E | Alive
Last Raised$67M | 2 yrs ago
BlackBuck offers business-to-business (B2B) technology logistics solutions. It brings together truckers, shippers, and fleet operators through an online marketplace to facilitate inter-city freight transportation. It was founded in 2015 and is based in Bengaluru, India.
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ESPs containing BlackBuck
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital freight marketplaces market match shippers with available carriers via online platforms. Effectively matching supply with demand helps avoid capacity constraints and bottlenecks, which are common in the highly fragmented trucking industry. These marketplaces provide a digital platform where shippers can post their freight requirements and carriers can bid or offer their transportation …
BlackBuck named as Challenger among 15 other companies, including Uber Freight, Convoy, and Loadsmart.
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Research containing BlackBuck
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CB Insights Intelligence Analysts have mentioned BlackBuck in 5 CB Insights research briefs, most recently on Sep 19, 2022.
Expert Collections containing BlackBuck
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BlackBuck is included in 2 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
Latest BlackBuck News
May 3, 2023
The logistics sector is increasingly leveraging data analytics and artificial intelligence (AI) to improve supply chain efficiency. With the massive amounts of data generated in logistics operations, data analytics can provide valuable insights into the supply chain, enabling logistics companies to optimize their operations and improve their bottom line. Predictive analytics can be used to forecast demand and optimize inventory levels, reducing costs and improving service levels. AI-powered solutions, such as autonomous vehicles and drones, can help streamline logistics operations, enabling faster and more efficient deliveries. Real-time tracking and monitoring of logistics operations can provide greater visibility and transparency, allowing logistics companies to quickly identify potential disruptions and take proactive measures to mitigate them. Here are the top 4 brands that are Leveraging data analytics and artificial intelligence to improve supply chain efficiency. Raaho:It is an on-demand intercity trucking management company that focuses on middle-mile logistics. Joined the market in 2017 with the goal of creating a ground-breaking technology-based paradigm for the trucking sector that would effortlessly eliminate decades of inefficiencies. Raaho has created a digital freight network, which uses technology and data to expedite operations and maximize the movement of millions of truckloads across the country. Raaho’s network is an open, fully linked freight marketplace that links shippers and carriers effectively using machine learning, automation, and other software services. Raaho ‘s technology is revolutionizing the notoriously inefficient transportation sector, allowing trucks to be better utilised, expenses to be reduced, and service quality to vastly increase. Raaho envisioned cutting costs for shippers, improving the lives of truck drivers, and striving to help the world by lowering carbon emissions by focusing on waste and inefficiency reduction. Delhivery: India’s largest fully integrated logistics provider. They aim to build the operating system for commerce, through a combination of world-class infrastructure, logistics operations of the highest quality and cutting-edge engineering and technology capabilities. Our mission is to enable customers to operate flexible, reliable and resilient supply chains at the lowest costs. Delhivery uses machine learning algorithms to optimize delivery routes, reducing transit time and improving delivery efficiency. The company also uses AI-powered chatbots to handle customer queries, enabling it to provide real-time customer service. Rivigo:A part of Mahindra Logistics, India’s leading integrated logistics services provider, we are an express logistics service provider with a mission to revolutionize goods mobility and bring down the overall logistics cost in India. Through innovation, problem-solving, and continuous collaboration, we are driven by our purpose of making logistics faster, safer, and more human.Rivigo uses machine learning algorithms to optimize its trucking routes, reducing transit time and improving delivery efficiency. Overall, these four brands are at the forefront of leveraging data analytics and AI to improve supply chain efficiency in the logistics sector in India, setting an example for others to follow. Gati Limited:Gati Limited is one of India’s premier Express Distribution and Supply Chain Management companies, committed to delighting customers with seamless, end-to-end logistics solutions backed by future-ready digital tools and technology. Founded in 1989, with renowned expertise in surface and air express as well as customized solutions for retail and MSME sectors, Gati gives businesses the added advantage of an unmatched network. Gati’s coverage spans the whole of India, bolstering businesses with access to more than 19,800 PIN Codes and 735 of India’s 739 districts. Gati has implemented a block chain-based solution to improve supply chain visibility, enabling it to track products in real-time and identify potential disruptions. BlackBuck – Utilizing technology to connect shippers with trucking fleets, BlackBuck is a logistics firm founded in 2015. The brand offers real-time tracking and transparent operations to its customers. BlackBuck has established itself as a prominent player in the Indian logistics industry and their proficiency in providing supply chain management services has been a significant factor in their success.
BlackBuck Frequently Asked Questions (FAQ)
When was BlackBuck founded?
BlackBuck was founded in 2015.
Where is BlackBuck's headquarters?
BlackBuck's headquarters is located at Vaswani Presidio, 2nd Floor, Bengaluru.
What is BlackBuck's latest funding round?
BlackBuck's latest funding round is Series E.
How much did BlackBuck raise?
BlackBuck raised a total of $330.88M.
Who are the investors of BlackBuck?
Investors of BlackBuck include Sands Capital, International Finance Corporation, Wellington Management, IFC, VEF and 17 more.
Who are BlackBuck's competitors?
Competitors of BlackBuck include Freightos, Kargo, Rivigo, Convoy, Leaf Logistics and 14 more.
Compare BlackBuck to Competitors
Convoy is a technology-enabled trucking network enabling shippers to connect with nearby trucking companies and book and track jobs instantly. It offers real-time notifications of jobs and free fleet management tools. It was formerly known as Greypoint. It was founded in 2015 and is based in Seattle, Washington.
CargoX offers heavy-duty trucking services for corporations. It enables truck owners and operators to make use of excess capacity and avoid empty return trips. The company was founded in 2013 and is based in Sao Paulo, Brazil.
Leaf Logistics provides a digital platform for buying and selling transportation capacity. The platform links partners, suppliers, and customers to deliver to the transportation industry. It was formerly known as LogisticsExchange. The company was founded in 2017 and is based in New York, New York.
Kargo offers a transportation management system that integrates shippers and logistics providers. The platform connects shippers with truckers to bring down logistics costs by removing middlemen and reducing empty trips. The company was founded in 2018 and is based in Jakarta, Indonesia.
Flock Freight provides a freight carrier network that utilizes tech to pool multiple shipments into one full truckload.
Ezyhaul is a technology company focusing on transforming the road freight industry. The company's online, on-demand freight exchange platform connects shippers with pre-qualified and reliable domestic carriers who have unutilized capacity on their trucks.
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