StageSecondary Market - II | Alive
Last Raised$40M | 1 mo ago
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
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.
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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.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
Latest Xpressbees News
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.
Compare Xpressbees to Competitors
Shiprocket offers an automated shipping solution platform for e-commerce. The platform offers print shipping labels, track orders from a single panel, and process returns from an integrated dashboard. It helps brands focus on their core business rather than managing store orders and searching for reliable courier services. It was formerly known as Kartrocket. The company was founded in 2012 and is based in Gurugram, India.
DTDC India is one of the preferred courier brands in India with the largest network of delivery destinations. It is based in Bangalore, India.
LoadShare is a logistics company with an express and logistics network covering entire North East & East India, Metros, Karnataka, Kerala, UP, Rajasthan, Gujarat & many more destinations. LoadShare offers services ranging from order fulfillment solutions, last-mile deliveries, third party fulfillment, and modular logistics software solution to partners.
Shadowfax offers an on-demand delivery service that takes care of the delivery requirements of local businesses. Due to its hyper-local delivery network and logistics technology, merchants can deliver to their customers in a cost-effective and hassle-free way. It was founded in 2015 and is based in Bengaluru, India.
Holisol Logistics provides logistics solutions to traditional retailers and e-commerce businesses. Its solutions include consulting and design for e-commerce, distribution modelling, transport packaging and logistics optimizations, among others. It also provides warehousing material handling systems, operations process design, inventory management, pick-up, customer delivery, distribution management, customer & supplier order management, international freight management and ERP implementation support.
HyperTrack develops a plug and play location stack for apps. It reduces the complexity of building and operating location infrastructure to a few easy APIs that just work.
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