Entreprenuernewsnetwork

Xpressbees May Raise $100 Mn from Canada’s Ontario Teachers’ Pension Plan, At $1.4 Bn Valuation

August 5, 2023 by Entreprenuernewsnetwork

Pune-based e-commerce logistics company, Xpressbees, may get $100 million as an investment by Canada’s Ontario Teachers’ Pension Plan Board, one of the largest pension plans in the world, said a recent report by Economic Times. Citing people privy to the matter, the ET report further said that Ontario Teachers’ Pension board may buy a stake … Read more

Xpressbees Raises $300M In Series F funding

February 10, 2022 by Entreprenuernewsnetwork

Xpressbees, India’s fastest-growing third-party end-to-end logistics company, has raised $300 million in a Series F fundraising round headed by Blackstone Growth, TPG Growth, and ChrysCapital. Investcorp and Norwest Venture Partners are two existing investors. Xpressbees was founded in 2015 and now operates in over 3000 cities, serving over 20,000 pin codes and delivering over 1.5 … Read more