Friday, 24 March, 2023

Logistics startup Xpressbees raises $300M funding, becomes Unicorn

<p>Xpressbees is a new-age logistics service provider based out of Pune. The company has announced funding of $300M collectively invested by Blackstone Growth, TPG Growth, and ChrysCapital. This funding has led Xpressbees into the unicorn club of startups as it is now valued at $1.1B. The company was started by FirstCry about 10 years ago and was separated to function as an individual firm in 2015.</p>