Xpressbees
TMT
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) ......
Finance
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 ......
TMT
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 ......
TMT
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, ......
TMT
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 ......
TMT
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 ......
TMT
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
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 ......
Consumer
Sequoia-backed Wingreens secures funding from Bahrain-based Investcorp
Dipping sauce maker Wingreens Farms Pvt Ltd has raised $17 million (Rs 124 crore) in a fresh round of funding ......
Finance
Investcorp may launch second India-focused $400 mn fund in early 2022
Bahrain-based Investcorp is planning to launch a second India-focused fund early next year, even as it is sharpening its focus on real estate ......