zinka logistics solutions

Zinka Logistics shares rise 3% after Quick Routes, and other investors pare stakes in bulk deals

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Zinka Logistics shares rise 3% after Quick Routes, and other investors pare stakes in bulk deals

Shares of Zinka Logistics Solutions climbed as much as 3.1% on Wednesday to Rs 457.15 on the BSE after several investors, including Quick Routes International, Accel and Peak XV Partners, offloaded significant stakes in the logistics unicorn through open market transactions. Quick Routes International, a key early backer of Zinka Logistics, exited the company on … Read more

Peak XV trims stake in Zinka Logistics in Rs 302 crore bulk deal; ADIA, MIT among buyers

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Peak XV trims stake in Zinka Logistics in Rs 302 crore bulk deal; ADIA, MIT among buyers

Bengaluru-based logistics tech company Zinka Logistics Solutions, popularly known as BlackBuck, witnessed a block deal on Tuesday. A group of marquee institutional investors picked up stakes, while existing investor Peak XV Partners pared down its holding. The total block deal value is around Rs 302 crore. According to data from the stock exchanges, nearly 59 … Read more