Xpressbees
Infrastructure
Khazanah-backed Xpressbees snaps up Trackon
BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......
General
Grapevine: Kotak fund gets quick exit; Freshworks losing two top execs
Kotak Special Situations Fund, part of Kotak Mahindra Group’s alternative asset management arm, is set to clock a quick exit ......
General
Grapevine: Zypp, OneCard eye fresh rounds; XpressBees eyes M&A
Electric vehicle delivery app Zypp, which includes Taiwanese ride-sharing company Gogoro, Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts and LetsVenture as ......
TMT
Deals Digest: Big-ticket transactions missing but total value edges up
The total value of private equity and venture capital deals saw a slight jump this week from the previous five-day ......
Infrastructure
Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees
Malaysian sovereign wealth fund Khazanah Nasional Berhad has bet $40 million (around Rs 320 crore) on Pune-based logistics company Xpressbees. Khazanah ......
General
TPG strikes over $200 mn exit with multi-bagger from India
TPG Growth, a backer of companies like Dream11, FirstCry, BookMyShow, Fourth Partner, Manipal Hospitals and Reliance Retail, has struck a ......
TMT
Temasek-Kuenhe + Nagel JV invests in logistics startup Locad
Logistech Solutions Pte Ltd, which runs logistics startup Locad, on Monday said it has raised $11 million (Rs 90 crore) ......
Finance
Xpressbees narrows losses, turns operationally profitable in FY22
Logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt. Ltd, narrowed its net loss to Rs 27.1 crore for FY22 ......
TMT
Startups opt for hybrid work models with exceptions as covid eases
Most of India’s unicorn startups are allowing their employees to continue working from home, but with certain exceptions. This as ......
TMT
Avendus Future Leaders Fund invests in Xpressbees via secondary deal
Late-stage investor Avendus Future Leaders Fund has acquired a stake in e-commerce logistics provider Xpressbees from existing investor Elevation Capital, ......