BlackBuck-Zinka Logistics IPO Details 2026

Founded in April 2015, Zinka Logistics Solution Limited offers a digital platform, the BlackBuck app, for truck operators. In the fiscal year 2024, 963,345 truck operators in the country conducted their business through the platform, representing 27.52% of all Indian truck operators.

Zinka Logistics Solution's BlackBuck app is a platform that offers payments, telematics, a freight marketplace, and vehicle financing services to help truck operators achieve their goals efficiently.

As of March 31, 2024, the company had processed a Gross Transaction Value (GTV) of Rs. 173,961.93 million in payments.

As of March 31, 2024, the company had a monthly average of 356,050 active telematics devices and has facilitated 4,035 loans with a total value of Rs. 1,967.88 million.

As of March 31, 2024, the company offered vehicle financing to customers in 48 districts across seven states in India.

Competitive strength

• India’s largest platform for digital truck operators.
• A wide network of truck operators built over the nine years of its existence.
• New offerings to address market gaps and fulfil customer needs.
• A strong multi-channel sales network and an effective sales and service strategy promote customer acceptance.
• High-growth business with operational leverage and high profitability.
• Experienced management team.

As of March 31, 2024, the company had 4,289 employees