Xpressbees

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Infrastructure

28 April, 2023

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Malaysian sovereign wealth fund Khazanah Nasional Berhad has bet $40 million (around Rs 320 crore) on Pune-based logistics company Xpressbees.  Khazanah ......

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TPG strikes over $200 mn exit with multi-bagger from India

General

24 March, 2023

TPG strikes over $200 mn exit with multi-bagger from India

TPG Growth, a backer of companies like Dream11, FirstCry, BookMyShow, Fourth Partner, Manipal Hospitals and Reliance Retail, has struck a ......

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

TMT

16 January, 2023

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

Logistech Solutions Pte Ltd, which runs logistics startup Locad, on Monday said it has raised $11 million (Rs 90 crore) ......

Xpressbees narrows losses, turns operationally profitable in FY22

Finance

15 November, 2022

Xpressbees narrows losses, turns operationally profitable in FY22

Logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt. Ltd, narrowed its net loss to Rs 27.1 crore for FY22 ......

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Startups opt for hybrid work models with exceptions as covid eases

TMT

31 October, 2022

Startups opt for hybrid work models with exceptions as covid eases

Most of India’s unicorn startups are allowing their employees to continue working from home, but with certain exceptions. This as ......

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

TMT

02 August, 2022

Avendus Future Leaders Fund invests in Xpressbees via secondary deal

Late-stage investor Avendus Future Leaders Fund has acquired a stake in e-commerce logistics provider Xpressbees from existing investor Elevation Capital, ......

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

TMT

11 April, 2022

Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn

India Inc witnessed a 92% increase in investment value to $9.4 billion with 441 deals recorded until March end of ......

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TMT

11 February, 2022

Deals Digest: Companies raise $1.88 bn this week; 3 startups turn unicorns

Companies raised $1.88 billion in venture capital (VC) and private equity (PE) funding this week, and three startups Xpressbees, Livspace ......

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TMT

10 February, 2022

Blackstone exploring over $100 mn deals in Indian tech startups

The Blackstone Group plans to invest "sizeable" amounts of money Indian tech startups from its global growth fund, according to a senior executive ......

Infrastructure

09 February, 2022

Investcorp-backed Xpressbees enters unicorn club after Blackstone, others invest $300 mn

E-commerce logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt Ltd, on Wednesday said it has bagged a Series F ......

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