Xpressbees Unicorn
Pune-based express logistics and supply chain company (legally Busybees Logistics Solutions Pvt. Ltd.), founded in 2015 as a spin-off from FirstCry, offering B2C, B2B, cross-border and 3PL logistics services.
Xpressbees: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 7 Nov 2023 | Growth | $80 Mn | Teachers' Venture Growth (Ontario Teachers' Pension Plan) | source |
| 29 Apr 2023 | Secondary | $40 Mn (secondary) | Khazanah Nasional Berhad | source |
| 2 Aug 2022 | Secondary | ₹195 Cr (secondary) | Avendus Future Leaders Fund | source |
| 9 Feb 2022 | Series F | $300 Mn | Blackstone Growth ChrysCapital TPG Growth Investcorp Norwest Venture Partners | source |
| 9 Nov 2020 | Series E | $110 Mn (₹800 Cr) | Gaja Capital Investcorp Norwest Venture Partners | source |
| 29 Dec 2019 | Series D1 | $10 Mn | Alibaba | source |
| 20 Feb 2019 | Debt | $5.01 Mn | InnoVen Capital | source |
| 1 Dec 2017 | Series D | $35 Mn (₹224 Cr) | Alibaba | source |
| 19 Feb 2016 | Series A | $12.38 Mn (₹85 Cr) | Chiratae Ventures Elevation Capital NEA Valiant Capital Vertex Ventures | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 14 Aug 2023 | Xpressbees | Trackon Courier | Undisclosed | source |
Recent Signals
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7 Nov 2025 · financial
XpressBees' losses widen 85% to ₹370 Cr in FY25 amid flat revenue source -
9 Sep 2025 · org-team
XpressBees appoints Mohit Sardana as Chief Executive Officer – B2C source -
24 Nov 2023 · market-expansion
XpressBees onboards ONDC's Open Network for Digital Commerce source -
16 Jun 2022 · growth-traction
XpressBees opens second engineering centre, in Bengaluru source -
9 Feb 2022 · ma-strategic
CDH Investments took full exit from Xpressbees during $300 Mn Series F round source
News on Xpressbees
No coverage of Xpressbees linked yet.
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Who founded Xpressbees?
Xpressbees was founded by Amitava Saha, Supam Maheshwari in 2015.
How much funding has Xpressbees raised?
Xpressbees has raised $616.64 Mn across 9 tracked funding round(s), most recently on 2023-11-07. Figures are compiled from cited public sources.
Who are the investors in Xpressbees?
Investors in Xpressbees include Teachers' Venture Growth (Ontario Teachers' Pension Plan), Khazanah Nasional Berhad, Avendus Future Leaders Fund.
What does Xpressbees do?
Pune-based express logistics and supply chain company (legally Busybees Logistics Solutions Pvt. Ltd.), founded in 2015 as a spin-off from FirstCry, offering B2C, B2B, cross-border and 3PL logistics services.
Where is Xpressbees headquartered?
Xpressbees is headquartered in Pune, Maharashtra, India.
What is Xpressbees's business model?
Xpressbees's core value proposition centers on Fastest-growing express logistics provider, Cost-effective, flexible pricing, Tech-driven logistics, 24x7 customer support.
How does Xpressbees make money?
Xpressbees's cited revenue streams include B2C, B2B, cross-border and 3PL logistics services, Courier/logistics services — primary revenue source, Warehousing & fulfilment services (fast-growing, smaller stream).