Tiger Global and Accel Partners Participate in a Series B Round for Zinka Logistics Solutions (Asia)
Source: VCCircle
Global investment firm Tiger Global and global venture capital firm Accel Partners have participated in a US$25 million Series B financing round for Zinka Logistics Solutions, which operates India-based business-to-business logistics service provider BlackBuck. India-based e-commerce company Flipkart and Russian investor Yuri Milner also contributed to the round. Zinka plans to use the funding for company expansion and to build new products.