Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.

Amitava Saha, chief executive of Xpressbees, said he will leverage his logistics firm’s existing network to scale up Trackon across the cou...

New-age logistics firm valued at $1.3 billion; Elevation takes $120 million out in a year from secondary deals

This 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 said it will offer same-day and next day deliveries to D2C brands and large offline brands which are tapping into online commerce

The hike in prices effective earlier this month, said those briefed on the matter, is more tactical in nature as the logistics players foun...

“We will use the capital for financing technological advancement, increasing automation and to grow geographical presence. We will also loo...

Xpressbees will raise $100 million by offering fresh shares, where the proceeds will go into the company’s coffers, the people said. Some o...

Company will use the funds to expand in Express Cargo, 3PL and Cross Border Logistics.

The company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...

Till now, XpressBees has raised an estimated $56 million in equity financing from the likes of SAIF Partners, Chiratae Ventures and Valiant...

This financing underscores Alibaba’s attempt to create a robust global logistics network, which can bolster the growth of ecommerce.

XpressBees is the logistics business spun out of baby and maternity products retailer FirstCry, known for its acquisition of Mahindra’s Bab...

The 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,...

The logistics arm of baby and mother care product etailer FirstCry was spun off last year into a separate entity to service third party ord...

The funding will be used to upgrade Xpressbees’ technology and expand its operations, said Amitava Saha, the company’s CEO.

The orders will be fulfilled from warehouses and stock points of FirstCry, which works on an omnichannel strategy with 100-plus physical st...