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Investors ride on new-age logistics players

Investors ride on new-age logistics players

Thursday, April 6, 2017, 7:46 AM

Several new-age logistics players such as Black Buck and Rivigo, Delhivery have raised close to $300 million in the past six months even as e-commerce firms have struggled to raise fresh money. Black Buck, logistics marketplace by Bengaluru-based Zinka Logistics Solutions, raised $70 million from Sands Capital and IFC in March, after raising $25 million from Tiger Global, Accel and Flipkart in December.
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