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XPRESSBEES FUNDING
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- Ontario Teachers' fund weighs $100 million investment in ecommerce logistics startup XpressbeesThe Canadian pension investor may buy a stake in the firm at about a $1.4 billion valuation.04 Aug, 2023, 08.12 PM 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 deals03 May, 2023, 03.46 PM IST
- ETtech Deals Digest: Indian startups remain parched as funding taps stay dry in scorching summerThis week, Indian startups raised $97 million across 18 rounds.28 Apr, 2023, 05.22 PM IST
- New-age stock brokers’ bull run hits a bump; Elevation sells more stake in XpressbeesFor new-age stock broking firms which grew exponentially during Covid-19, the past year has been punishing. This and more in today’s Mornin...28 Apr, 2023, 08.17 AM IST
- Why Ecom Express is trailing its rivals in the logistics industry’s game of thronesDespite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...23 Nov, 2022, 05.42 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
- Logistics cos Delhivery, Ecom Express in tussle with aggregators over shipment ratesLast month, Delhivery, Ecom Express and Xpressbees simultaneously increased shipment prices for the aggregators for trying to poach their c...09 May, 2022, 12.11 PM IST
- Ecommerce logistics firms Delhivery, Ecom Express, Xpressbees give aggregators a price shockCountry’s three largest ecommerce-focused delivery firms hike rates for aggregators by 35-40%.18 Apr, 2022, 01.15 PM IST
- FirstCry appoints bankers, eyes IPO in 2022FirstCry cofounder and CEO Supam Maheshwari declined to comment while emails sent to Kotak Mahindra Capital and Morgan Stanely are yet to e...18 Feb, 2022, 06.19 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
- 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
- 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’ 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
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