BlackBuck hires Venkatesh Bhat as CFO


BlackBuck hires Venkatesh Bhat as CFOLogistics marketplace BlackBuck has appointed Venkatesh Bhat as its Chief Financial Officer.

Bhat was previously serving as the group CFO and later COO at Atria Convergence Technologies (ACT FiberNet). He’s also had senior leadership positions at GE Healthcare, Whirlpool India, and Hindustan Unilever and has served as a Board member in group companies of ACT Fibernet and GE Healthcare.

Bhat was also a member of the Task Force appointed by Central Ministry for driving Cable TV digitalization across India.

“Venkatesh brings significant industry experience and excellent track record of leading finance teams during the exponential business growth phase. His deep financial expertise and past operations stint would strengthen the management team as we continue to expand our geographical footprint and offer a superior experience to our partners and customers,” said Rajesh Yabaji, CEO, BlackBuck.

Tiger Global-backed BlackBuck had reported revenues of Rs 566 crore in FY16-17, registering a seven-fold growth from Rs 81 crore the year before. Losses increased five times to Rs 86 crore from Rs 16.5 crore in the year before.

The company has raised $100 million from investors like Tiger Global, Accel Partners, Flipkart, Apolleto Asia LTD, IFC, and Sands Capital.

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