Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO
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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

By Malvika Maloo

  • 08 Nov 2024
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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO
Rajesh Yabaji, co-founder and CEO, BlackBuck

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck as the online trucking platform floats an initial public offering at a valuation that pushes it out of the coveted unicorn club of startups.  Bengaluru-based BlackBuck, operated by Zinka Logistics Solutions ......

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