BlackBuck gains IRDAI approval as a composite corporate agent

BlackBuck gains IRDAI approval as a composite corporate agent, enabling them to sell insurance to truckers until 2028. This aligns with their strategy to offer comprehensive digital solutions, including FASTag, fuel cards, and freight matching. The move follows their recent PPI license acquisition from the RBI, aimed at simplifying digital payments for truckers. Founded in 2015 by Rajesh Yabaji, Chanakya Hridaya, and Rama Subramaniam, BlackBuck specializes in FTL transportation, connecting businesses with truck operators. In Q4 FY25, they reported a net profit of INR 280.1 Cr with a 30.6% revenue increase.