Project Description
Zinka Logistics Solutions Private Limited (“Blackbuck” or the “Company”), based in Bangalore, India, was established in 2015, and is a technology company focused on B2B logistics solutions for long-haul trucking. Blackbuck’s nationwide technology platform brings together shippers and truckers through its online marketplace to book freight for inter-city transportation. The Company is asset-light, and by matching truckers with shippers through its online platform, it is able to minimize downtime for trucks and maximize utility of the asset for the truck owner/operator. The Company is focused on leveraging technology as it scales rapidly and continues helping companies transport freight nationwide. The proposed investment (“Project”) consists of up to US$10 million in equity for a minority stake to support the expansion of the Company’s service offerings and further technology development.