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What shaped IPO-bound BlackBuck’s journey, from riding a roller-coaster to becoming unicorn

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Synopsis
Over its nine-year sail, BlackBuck has tried everything under the sun to find a viable business model. As per reports, BlackBuck plans to float an IPO this financial year to raise up to USD300 million. How did BlackBuck survive the roller-coaster ride and has it finally found a stable business?

Rajesh Yabaji, who founded logistics company BlackBuck in 2015 along with Chanakya Hridaya and Rama Subramaniam, has a reputation of being a simple yet strong leader. He is regarded as someone who would not mind riding behind an employee on a motorbike for a client meeting. For him, time is essence, and hierarchy is archaic. There are many things that are good about BlackBuck, the best of them is the company’s culture which exudes cheer and