4 years ago
Investcorp Backs Indian Logistics Startup Xpressbees in Series E Round
Bahrain's Investcorp participated in a Series E funding round for Xpressbees, an Indian logistics startup
The round reportedly raised $110 million, though Investcorp did not confirm the exact investment amount
Xpressbees operates in over 2,000 Indian cities and serves a diverse clientele across multiple sectors.
ProblemLogistics
"E-commerce businesses in India need a reliable and efficient logistics network to deliver goods to customers across the country."
Solution
"Xpressbees provides a logistics platform that connects businesses with a network of delivery partners, enabling them to ship goods to customers in over 2,000 towns and cities in India."