BlackBuck, a truck startup, files for IPO

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BENGALURU: Tiger Global-backed truck aggregator firm

BlackBuck

has filed for an

IPO

and plans to raise Rs 550 crore. The

public issue

also comprises an offer for sale of over 21 million shares by existing shareholders.
BlackBuck’s user base digitally manages payments for tolling and fuelling and gets access to financing for the purchase of used vehicles.

TNN