Avendus Future Leaders Fund buys stake in Xpressbees for Rs 195 croreThis is the sixth deal from the new Rs 1,500-crore fund II raised by Avendus in August 2021. So far, it has invested in companies such as S...
02 Aug, 2022, 06.00 AM IST
Xpressbees headed to unicorn club, in talks for $300 millionXpressbees will raise $100 million by offering fresh shares, where the proceeds will go into the company’s coffers, the people said. Some o...
17 Jan, 2022, 06.00 AM IST
Exclusive: FirstCry's early investors look to sell stake at $2.1 billion valuationThe valuation being ascribed to BrainBees Solutions (FirstCry) is almost double of its previous funding round in 2019.
08 Jan, 2021, 12.29 PM IST
PE funds invest Rs 800 crore in XpressbeesCompany will use the funds to expand in Express Cargo, 3PL and Cross Border Logistics.
10 Nov, 2020, 02.24 PM IST
XpressBees raises Rs 71 croreThe company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...
03 Jan, 2020, 04.27 PM IST
XpressBees raises Rs 35 crore from InnoVen CapitalTill now, XpressBees has raised an estimated $56 million in equity financing from the likes of SAIF Partners, Chiratae Ventures and Valiant...
20 Feb, 2019, 11.22 AM IST
As growth zooms to 30%, action is shifting to ecomm logistics spaceDelhivery posted an approximately 44% increase in total revenues to Rs 751 crore during FY17 from previous year’s ?523 crore, as per its re...
12 Mar, 2018, 08.15 AM IST
Alibaba plans on integrating BigBasket & XpressBees with Paytm MallWorking with these companies will help Paytm Mall, which claims it will exit FY18 at a gross merchandise volume (GMV) run rate of $3 billio...
12 Feb, 2018, 08.18 AM IST
Alibaba puts Rs 224 crore in FirstCry’s logistics armThis financing underscores Alibaba’s attempt to create a robust global logistics network, which can bolster the growth of ecommerce.
31 Jan, 2018, 09.00 AM IST
Diversification is next logistics move for slump-hit B2C firmsPlayers like Delhivery, Xpress-Bees, and Loadshare have extended their offerings to the B2B segment, currently dominated by the likes of Ri...
08 Jan, 2018, 09.01 AM IST
China’s Alibaba on road to deliver $100 million to XpressBeesXpressBees is the logistics business spun out of baby and maternity products retailer FirstCry, known for its acquisition of Mahindra’s Bab...
07 Jan, 2018, 08.12 PM IST
E-tailers target product returns, limit returns to 12%Flipkart and Amazon India cancelled options for customers to return products during big sale events to counter the high product return rate...
22 Nov, 2016, 08.56 AM IST
Lawyer orders mobile online, gets cement blockFollowing a complaint, Ambazari police have registered an offence of cheating and criminal breach of trust against top officials of Snapdea...
19 Aug, 2016, 04.13 PM IST
Alibaba in investment talks with Delhivery and Xpressbees LogisticsThe Chinese company is also chalking out a plan to get Paytm to spin off its marketplace business and plans to top it up with more capital,...
14 Jun, 2016, 06.54 AM IST
Xpressbees plans to use Rs 85 crore to build capacity in northeast statesThe logistics arm of baby and mother care product etailer FirstCry was spun off last year into a separate entity to service third party ord...
28 Mar, 2016, 02.21 PM IST
Xpressbees’ busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant CapitalThe funding will be used to upgrade Xpressbees’ technology and expand its operations, said Amitava Saha, the company’s CEO.
19 Feb, 2016, 05.09 PM IST
FirstCry to roll out same-day delivery across 18 citiesThe orders will be fulfilled from warehouses and stock points of FirstCry, which works on an omnichannel strategy with 100-plus physical st...
08 May, 2015, 04.29 AM IST