July 25, 2017

BlackBuck: The online Indian freight aggregator on a roll



Speeding Truck on the Highway
Copyright: welcomia / 123RF Stock Photo

For Rajesh Yabaji, the weeks leading up to 10 April 2005 were tense. A young Yabaji, then 17, who dreamt of joining the armed forces, following in the footsteps of his father, had a tough choice to make—between appearing for the services selection board (SSB) interview and writing the joint entrance examination (JEE) for engineering. While SSB would be his gateway to the armed forces, a seat at a premier engineering college would lead to fat paychecks at a large company after four years.

Yabaji chose the latter, made the decision count and, in just about a decade, armed with a degree from the Indian Institute of Technology (IIT) Kharagpur and a stint at ITC Ltd , founded BlackBuck (Zinka Logistics Solution Pvt. Ltd), a marketplace for freight transport whose investors include Tiger Global Management, Flipkart Ltd , Accel Partners , Sands Capital and International Finance Corporation (IFC) , a World Bank arm.

“I was born in an agrarian family. My father was involved in farming. He joined the armed forces because agriculture was reeling. As a kid, it was always about doing something big. But […]

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