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Xpressbees

xpressbees.com

Founded Year

2012

Stage

Secondary Market - II | Alive

Total Raised

$472.94M

Valuation

$0000 

Last Raised

$40M | 1 mo ago

Mosaic Score
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+10 points in the past 30 days

About Xpressbees

Xpressbees provides e-commerce-focused end-to-end supply chain solutions to its partners. The company offers first and last-mile delivery and reverse logistics with facilities such as real-time tracking, multiple payment collection, and processing options. Xpressbees was founded in 2012 and is based in Pune, India.

Headquarters Location

Kumar Cerebrum IT Park, Kalyani Nagar Building# B1,

Pune, 411014,

India

+91 (020) 4911 6100

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Research containing Xpressbees

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Xpressbees in 2 CB Insights research briefs, most recently on Feb 11, 2022.

Expert Collections containing Xpressbees

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Xpressbees is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,743 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,214 items

Latest Xpressbees News

Xpressbees gets $40Mn from Malaysian sovereign wealth fund Khazanah Nasional

May 17, 2023

Logistics firm Xpressbees has nabbed $40 million after Malaysian sovereign wealth fund, Khazanah Nasional Berhad acquired a stake in the firm in a secondary share sale.In an official release, Xpressbees said that this investment was made through a secondary share sale by Elevation Capital, an early investor in the eight-year-old third-party logistics provider.As part of the sale, Elevation Capital, formerly known as Saif Partners, sold a part of its stake to Khazanah Nasional, the sovereign wealth fund of Malaysia.According to media reports, which cite sources such as two people with knowledge of the deal, Elevation Capital sold a 4% stake in the company to Khazanah.Today, the firm boasts of having the likes of Blackstone Growth, TPG Growth, ChrysCapital, Alibaba Group, Elevation Capital, Investcorp, and others among its backers. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

Xpressbees Frequently Asked Questions (FAQ)

  • When was Xpressbees founded?

    Xpressbees was founded in 2012.

  • Where is Xpressbees's headquarters?

    Xpressbees's headquarters is located at Kumar Cerebrum IT Park, Kalyani Nagar, Pune.

  • What is Xpressbees's latest funding round?

    Xpressbees's latest funding round is Secondary Market - II.

  • How much did Xpressbees raise?

    Xpressbees raised a total of $472.94M.

  • Who are the investors of Xpressbees?

    Investors of Xpressbees include Khazanah Nasional Berhad, Avendus Capital, Investcorp, Norwest Venture Partners, Blackstone and 12 more.

  • Who are Xpressbees's competitors?

    Competitors of Xpressbees include Delhivery and 4 more.

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DTDC

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Holisol Logistics

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HyperTrack

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