SoftBank Vision Fund sells more of its FirstCry stake ahead of IPOFamily offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TV...
25 Dec, 2023, 02.00 PM IST
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
Xpressbees acquires delivery firm TrackOnXpressbees aims to tap the SME segment by leveraging TrackOn's franchisee network.
14 Aug, 2023, 02.49 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
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
Firstcry records Rs 216 crore profit for FY21According to a senior company official, it is likely to double its profit for FY 22, which will be reflected in the draft red herring prosp...
05 Apr, 2022, 10.42 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
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
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
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
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.com ropes in Amitabh Bachchan as brand ambassadorChildren-focused e-commerce company Firstcry.com has picked Amitabh Bachchan as its brand ambassador and said it may raise funds again next...
14 Jul, 2015, 06.27 AM IST
- Budget 2015: Healthcare sector needs focus on quality high-education
A dynamic (as against a set format) education syllabus to support the requirements of the industry for research and development.
23 Feb, 2015, 02.54 PM IST
- BCCL no longer sick after preferential shares issue to CIL
BCCL is the country's largest coking coal producer. It had been posting losses since its inception in 1972. It was referred to the BIFR in ...
10 Apr, 2013, 05.00 AM IST