<ul><li>Logistics company BlackBuck has infused INR 40 Cr in its NBFC subsidiary Blackbuck Finserve Pvt Ltd (BFPL) through a rights issue.</li><li>BlackBuck has invested the amount towards the subscription of equity shares of BFPL to augment the NBFC's capital base.</li><li>BFPL offers vehicle financing options, particularly for the purchase of used commercial vehicles or to avail financing on existing vehicles.</li><li>In Q3 FY25, BlackBuck's lending business generated a revenue of INR 1.58 Cr, while its consolidated net loss increased due to exceptional items.</li></ul>

BlackBuck Beefs Up Vehicle Financing Business With INR 40 Cr Infusion

Discover more