Ontario Teachers venture arm invests $80 million in XpressbeesInvestment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.
07 Nov, 2023, 06.07 PM IST
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...
14 Aug, 2023, 06.01 AM IST
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
03 May, 2023, 03.46 PM IST
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 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
21 Jun, 2022, 11.38 AM IST
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...
17 Apr, 2022, 11.50 PM IST
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...
10 Feb, 2022, 10.15 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
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
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
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
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