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BlackBuck, which started its operations in 2015, has 120K trucking partners across 300
locations. The startup has raised about $100 Mn in funding. It differentiates itself among
both customers and suppliers on the following three big claims — truckload availability,
“fairest price ever” in the market, and a “never-before-seen experience” on the platform, in
terms of execution.
2. For the benefit of its 800 employees, BlackBuck spent INR 38.77 Cr ($5.65 Mn) in FY17,
which is 6% of its total operational expenses. This was a 336% jump from its INR 8.88 Cr
($1.29 Mn) employee benefit expenses in FY16. The employee expense rate, which is quite
less than the industry average of employee expense, doesn’t include expenses on truck
drivers.
3. BlackBuck earns about 15-20% commission for providing business to trucks it hires. It has
truck services listed on its platform and does an intelligent match for customers, based on
their requirements.
4. Bengaluru-based BlackBuck posted a total income of INR 566.83 Cr ($82.67 Mn) in FY 17, a
597% increase from its INR 81.25 Cr ($11.85 Mn) income in FY16. This was because the
company increased its portfolio of services and expanded its operations. The income from
operations also witnessed a 623% spike, reaching INR 563.54 Cr ($82.19 Mn) in FY17.
5. The total expenses posted by BlackBuck for FY17 were INR 645.6 Cr($94.17 Mn), against INR
97.55 Cr ($14.23 Mn) in FY16.
6. In FY17, BlackBuck reported transportation costs of INR 573.82 Cr ($83.69 Mn), including the
cost of loading and unloading — INR 10.36 Cr ($1.51 Mn); cost of other transport — INR
10.79 Cr ($1.57 Mn); and cost of freight — INR 55.26 Cr ($80.61 Mn). These three
comprised 96% of the total transportation cost of the company in FY17.

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