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XPRESSBEES LOGISTICS
Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil BaruaDelhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite pro...- Shadowfax operating revenue up 74% YoY in Q4, posts net profit of Rs 56 croreNew-age logistics firm Shadowfax saw its operating revenue surge 74% year-on-year to Rs 1,237 crore in Q4FY26. The company achieved a net p...
- Xpressbees appoints former Blinkit executive Mohit Sardana as CEO of B2C verticalPrior to Blinkit, Sardana served as the chief operations officer at food delivery platform Zomato from August 2018 to September 2023. In Ap...
- Ontario Teachers venture arm invests $80 million in XpressbeesInvestment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.
- Logistics firm Xpressbees buys Trackon in all-cash dealAmitava Saha, chief executive of Xpressbees, said he will leverage his logistics firm’s existing network to scale up Trackon across the cou...
- Elevation Capital sells $40 million stake in Xpressbees to Malaysia’s KhazanahNew-age logistics firm valued at $1.3 billion; Elevation takes $120 million out in a year from secondary deals
- 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...
- Xpressbees enters D2C delivery business after Shiprocket's Pickrr dealXpressbees said it will offer same-day and next day deliveries to D2C brands and large offline brands which are tapping into online commerce
- Ecommerce logistics firms give aggregators a price shockThe hike in prices effective earlier this month, said those briefed on the matter, is more tactical in nature as the logistics players foun...
- Logistics firm Xpressbees raises $300 million in funding from PE funds Blackstone, TPG, ChrysCapital at $1.1 billion valuation“We will use the capital for financing technological advancement, increasing automation and to grow geographical presence. We will also loo...
- 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...
- PE funds invest Rs 800 crore in XpressbeesCompany will use the funds to expand in Express Cargo, 3PL and Cross Border Logistics.
- XpressBees raises Rs 71 croreThe company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...
- 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...
- 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.
- 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...
- 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,...
- 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...
- 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.
- 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...
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