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Fresh-to-Home, XpressBees in talks to raise capital at a unicorn valuation

TMT

11 October, 2021

Fresh-to-Home, XpressBees in talks to raise capital at a unicorn valuation

Fresh-to-Home and XpressBees, two portfolio companies of Investcorp India, are in separate talks to raise capital that will catapult each ......

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Sitics gains control over cold chain startup, dials PE funds to boost acquisitions

Infrastructure

07 September, 2021

Sitics gains control over cold chain startup, dials PE funds to boost acquisitions

Sitics Logistic Solutions Pvt Ltd, a technology-enabled supply chain company, has bought out a majority stake in Delhi-based cold chain ......

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Infrastructure

06 September, 2021

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Ahead of its proposed initial public offering (IPO), logistics company Delhivery has raised over $75 million in funding from Addition--a ......

Investcorp to pick up stake in luggage maker Safari

Consumer

23 February, 2021

Investcorp to pick up stake in luggage maker Safari

Mid-market private equity investor Investcorp is all set to pick up a minority stake in a luggage maker Safari Industries ......

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

TMT

10 November, 2020

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

Bahrain-based alternative investment firm Investcorp and other investors have put in $110 million (about Rs 816 crore) in Alibaba Group-backed ......

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Exclusive: Mid-market PE fund investing in Alibaba-backed Xpressbees

TMT

24 August, 2020

Exclusive: Mid-market PE fund investing in Alibaba-backed Xpressbees

Xpressbees, the Alibaba Group-backed logistics company that focuses on the e-commerce sector, is raising a new round of equity funding, ......

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

TMT

06 March, 2019

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around Rs ......

InnoVen offers venture debt to Alibaba-backed Xpressbees

TMT

20 February, 2019

InnoVen offers venture debt to Alibaba-backed Xpressbees

Xpressbees, the Alibaba Group-backed e-commerce logistics company, has raised Rs 35 crore ($5 million) in venture debt from InnoVen Capital.  The ......

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Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Infrastructure

21 December, 2018

Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Saurashtra Freight Pvt. Ltd has charted out an inorganic growth strategy, two people privy to the development told VCCircle, as ......

MSDF pumps fresh capital into logistics marketplace Blowhorn

TMT

29 August, 2018

MSDF pumps fresh capital into logistics marketplace Blowhorn

Global philanthropic organisation Michael and Susan Dell Foundation (MSDF) has infused Rs 5 crore ($711,440 at current exchange rates) of ......