What is the business model of BlackBuck?
What is the business model of BlackBuck? The company charges its customers a fixed rate for their contract business. In their demand model, they charge both their customers and truck owners a commission totally depending on the freight value.
These ancillary services brought in the remaining 6.7% of the operating revenue, growing nearly three folds to Rs 58.2 crore in FY21 from Rs 20.3 crore earned during FY20. Besides operational income, BlackBuck also earned Rs 26.5 crore from its financial assets during the last fiscal year (FY21).09-Mar-2022
Is BlackBuck a B2B company?
It was looking at this opportunity that BlackBuck was established in Bengaluru last year. It is a B2B inter-city full truck load marketplace.23-Jun-2016
Organizing, Digitizing and Simplifying Trucking Today, BlackBuck is India's largest trucking network, and our robust 'Freight' and 'Fleet Management' technology platforms deliver reliability, efficiency and seamless experience for shippers and truckers.
What is the price of BlackBuck?
₹1,461.00. Usually dispatched in 9 to 10 days.
Delhivery Business Model The company focuses on extending a full range of logistics services, from express parcel and heavy goods to truckload freight, Delhivery warehouse solutions, cross-border logistics, e-commerce solutions, and supply chain.18-May-2022
Is BlackBuck a unicorn?
BlackBuck is the sixteenth startup and the first logistics firm to turn a unicorn this year. The startup is also backed by B Capital, Flipkart, Sequoia Capital and Tiger Global.23-Jul-2021
Bengaluru: Online trucking platform BlackBuck has raised $67 million in a funding round led by Silicon Valley-based venture fund Tribe Capital, IFC Emerging Asia Fund and VEF. Existing investors Wellington Management, Sands Capital, and IFC—the World Bank's investment arm—also participated in the round.22-Jul-2021
Who is the owner of BlackBuck?
Rajesh Yabaji
October 12, 1998: Salman Khan is arrested in connection with the hunting of endangered animals. The actor was later granted bail. April 10, 2006: A trial court convicted Salman Khan under the Wildlife Protection Act. The Bollywood actor was fined Rs 25,000 and sentenced to five years of imprisonment.22-Mar-2022
How can I start a trucking business with one truck in India?
Here are some things to keep in mind to run a profitable trucking business in India:
In 2018, Bollywood icon Salman Khan was sentenced to five years in jail after a court in Jodhpur convicted him of killing two blackbucks. He was later granted bail in the case.21-Mar-2022
How does Rivigo make money?
The Business model of Rivigo is based on the best use of technology. Rivigo also has IoT-enabled trucks with conditions of trucks being monitored in real-time. This monitoring not only helps in reducing breakdowns but also in increasing the trust of clients.25-Apr-2021
Founded in 2015, BlackBuck has been a pioneer in bringing the offline operations of trucking online, be it matching a shipper with a trucker or reshaping the infrastructure around trucking to facilitate payments, insurance, and financial services.
Is BlackBuck rare?
Sadly, Blackbuck is now a rare species, surviving in small scattered herds in about 13 states of India. Possibly only 1 per cent of the former numbers survive now although distribution has not shrunk so much.05-Apr-2018
Blackbuck once lived on open plains over the whole Indian subcontinent, but their numbers and range have been drastically reduced as the human population has grown. The total blackbuck population, estimated at 80,000 in 1947, was down to 8,000 by 1964, but it has since recovered to 25,000 in protected areas.
Why is blackbuck hunted?
These animals are hunted for their skin. Poachers have made this species of animal a main target from the 20th century. Conservation: The IUCN List has declared this species as Nearly Threatened. Hunting of blackbuck is prohibited under Schedule I of the Wildlife Protection Act of 1972.
How does Delhivery earn money?
Delhivery makes a profit on every unit it delivers, and has likely always been unit economic profitable. The real constraint that these logistics businesses face is the infrastructure and people costs they have to incur before they can set up a network.25-Aug-2019
Delhivery - Company Highlights
Is Delhivery a profitable company?
For FY22, Delhivery said it posted an operating profitability with an adjusted EBITDA of Rs 72 crore and adjusted cash profit after Tax (APAT) of Rs 212 crore.31-May-2022
What is the business model of BlackBuck?