BlackBuck is helping the affected employees to secure positions in other companies. BlackBuck focuses on B2B logistics solutions for long-haul trucking. Beyond those core attributes, Black Book Values are affected by industry trends, depreciation rates and curves, future predictions, and much more. It connects businesses with truck operators for moving goods from one place to another, a sector that has taken a big hit post the imposition of the nationwide lockdown. Black Book Values focuses on data points that can help lenders and dealers better identify vehicles with lower risks and higher potential profitability. Baidu-Backed Online Tutor Zuoyebang Seeks New Funding at $10 Billion Valuation: Sources By Reuters , Wire Service Content Sept. 30, 2020 By Reuters , Wire Service Content Sept. 30, 2020, at 4:31 a.m. As part of the fundraise, BlackBuck’s employees will have an option to liquidate 25% of their current stock options, taking the total value of the company’s employee stock option to over $43 million ( ₹300 crore). Power. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Despite being the market leaders in this space, we believe we are still scratching the surface," Yabaji said. This move will encourage the supply chain companies as they will be able to begin work soon. Rather, their services are ready made for businesses such as auto lenders and dealers. The aggregate S&P500 P/E (CAPE) ratio is 31.71, which is 61% above the modern-era market average of 19.6, putting the current P/E over 1 standard deviation above the average. Updated: 01 May 2019, 10:28 PM IST Ridhima Saxena. All rights reserved. This data analysis allows dealers and lenders to manage and better calculate their lending and inventory risks. In case you can’t find any email from our side, please check the spam folder. MUMBAI : According to a CNBC report, most of the impacted employees were working in customer experience and operations. While the Bengaluru-based did not disclose further details, a person familiar with the transaction pegged the pre-money valuation of the startup at close to $950 million, within striking distance of becoming a unicorn. Our retail value is what a person could reasonably pay for a vehicle at a dealer’s lot. Power’s industry-leading valuations data drives NADAguides.com? Their pricing and value data includes statistical analysis that allows for current and time-sensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. Layoffs and pay cuts are becoming the new normal for businesses across sectors as they try to cope with the fallout of the Covid-19 pandemic. Zoom not a secure video conferencing platform: Govt, UPI records over 2 Bn transactions in October, Funding in Indian startups this week (26 Oct-31 Oct), Exclusive: Doubtnut’s acquisition talks with Byju’s fall through over valuation, Healthplix completes Series B round with a 2.25X jump in valuation, Beardo records 10X surge in profit with revenue of Rs 78.5 Cr in FY20, Unacademy announces ESOP buyback worth Rs 25-30 Cr, Ustraa operating revenue touched Rs 60 Cr in FY20; losses grew by over 50%, How Fynd revamped operations in FY20 post acquisition by Reliance, Chiratae invests Rs 23.5 Cr in Patna-based agritech startup Ergos, Register for Unicorn Trip 3.0 This move will encourage the supply chain companies as they will be able to begin work soon. It acts as a marketplace connecting potential customers with truck owners and freight operators for inter-city transport of goods. Power. Scooter rental startup Bounce, over 120 employees last month while TravelTriangle. © 2020 J.D. , most of the impacted employees were working in customer experience and operations. Your session has expired, please login again. We also take into consideration MSRP, invoice, equipment assumptions, as well as supply and demand and other macro- and micro-economic factors and the competitive landscape of vehicles. By providing current car values as well as forecasting predictions, Black Book Values is uniquely positioned as an one-stop-shop for businesses that need to accurately manage and weigh risks associated with their physical inventories and lending obligations. - Seats Limited to 100 Only (First Come First Serve). Their latest funding was raised on May 7, 2020 from a Debt Financing round. Did you know J.D. Moglix General Information Description. Their pricing and value data includes statistical analysis that allows for current and time-sensitive changes in historical valuation to be easily understood resulting in reliable predictors of values and potential risks. Blackbuck has raised a total of $297M in funding over 8 rounds. You are now subscribed to our newsletters. The latest round takes the total amount of funds raised to over $230 million and values the Bengaluru-based Zinka Logistics Solutions, which runs BlackBuck, at around $950 million. Click edit button to change this text. Ltd, which operates online freight service provider BlackBuck, said it has raised $150 million ( ₹1,050 crore) in a Series D equity funding round led by Goldman Sachs Investment Partners and Accel Partners. Developer of an online marketplace designed to offer business and industrial supplies. have issued orders to allow all forms of e-commerce operations in their states. “Presently, Accel is the largest investor in the company with a holding of 20%, followed by Flipkart and Sands Capital," the person said. The driving force behind Black Book’s valuation process is an understanding of what drives the auto market as a whole as well as what factors help set vehicle specific values. BlackBuck is helping the affected employees to secure positions in other companies. As part of this round, BlackBuck employees can sell 25% of their total vested stocks, CEO Rajesh Yabaji told ET. Lorem ipsum dolor sit amet, consectetur adipiscing elit. We have a growing herd of Blackbuck Antelope on the ranch, with many dark mature males ready to hunt. NADAguides is additionally known as a credible source for pricing outside of the automobile industry. “Currently, the market is fragmented and inefficient due to highly manual and opaque processes, leading to poor experiences for stakeholders across the value chain. Naspers-backed social commerce major Meesho also slashed over 200 jobs. Significantly, the investment has come at a time when venture capital investments in business-to-business (B2B) startups have been on a rise. At its Oct. 7 opening price of nearly $86 per share, AMD had a market cap of nearly $100 billion on what should be sales of $7.6 billion in 2020. These data points include, but are not limited to, actual wholesale transactions (around 80% of the market with our relationship with NAAA) and retail transactions (through our relationship with J.D. And startups are now facing the brunt and the heat. This hunt package includes one trophy Blackbuck Antelope buck, 2 days and 2 nights lodging, all meals and 1:1 guide service This hunt package includes; 1 Trophy Antelope Buck $150 per day Non-hunting guest accompanying a paid hunter. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Zinka Logistics Solutions Pvt. After several consumer-facing startups announced layoffs or pay cuts in the past few days, business-focused surface logistics major BlackBuck has now followed by announcing its decision to lay off over 200 employees and may let go another 250 in the coming weeks.