XpressBees joined the Unicorn Club on February 09, 2022 after raising a $100 million Series F funding round, reaching a $1.11 billion valuation. Headquartered in Pune, Maharashtra, India, XpressBees provides end-to-end logistics, courier, and supply chain solutions for e-commerce businesses, individuals, and enterprises.
The platform offers technology-enabled services including real-time tracking, warehousing, inventory management, returns, fulfillment, and cross-border logistics.
Keep reading to learn how XpressBees became a $1.11 billion leader in India’s logistics and e-commerce ecosystem.
What Is XpressBees and What Does It Do?
Founded in 2015, XpressBees is a logistics and supply chain platform providing end-to-end domestic and international delivery services. The platform serves e-commerce businesses, individuals, and enterprises with integrated solutions for shipments, warehousing, inventory, returns, and order fulfillment.
XpressBees leverages technology to enable real-time tracking, ensure timely delivery, and manage cross-border logistics, supporting scalable and reliable supply chain operations.
How Much Funding Has XpressBees Raised?
1. Series F Round
- Amount Raised: $100 million
- Date: November 2023
- Valuation: $1.11 billion
- Lead Investors: Blackstone, TPG, ChrysCapital
- Purpose: Scale logistics operations, expand technology platform, and enhance supply chain solutions
2. Series G Round
- Amount Raised: $80 million
- Date: November 2023
- Lead Investors: ChrysCapital, Promaft Partners
- Purpose: Expand delivery network, strengthen e-commerce partnerships, and enhance warehousing and fulfillment capabilities
3. Earlier Funding Rounds
Series A to Series E Rounds
- Cumulative Funding: Approximately $176 million
- Key Investors: Early stage investors and growth partners
- Purpose: Expand domestic logistics network, onboard enterprise clients, and enhance technology systems
Total Funding Raised: $356 million Latest Funding Date: November 2023 Latest Known Valuation: $1.11 billion
Key Investors
- Blackstone
- Details: Global investment firm backing high growth technology and logistics companies
- Focus Areas: Supply chain, technology platforms, and scalable enterprises
- TPG
- Details: Private investment firm supporting growth stage companies
- Focus Areas: Technology, logistics, and enterprise solutions
- ChrysCapital
- Details: India focused private equity firm investing in high growth businesses
- Focus Areas: Logistics, technology enabled platforms, and e-commerce services
- Promaft Partners
- Details: Growth stage investment firm supporting technology and logistics ventures
- Focus Areas: Supply chain platforms, e-commerce enablers, and scalable businesses
Where Is XpressBees’ Headquarters?
XpressBees is headquartered in Pune, Maharashtra, India, serving as the central hub for its logistics operations, technology platform, and supply chain management teams.
What’s Next for XpressBees?
XpressBees plans to expand its domestic and international logistics network, enhance technology-driven supply chain solutions, and scale warehousing and fulfillment services. The company aims to strengthen partnerships with e-commerce platforms and improve delivery efficiency across India and beyond.
Get Investor and Funding Insights with TexAu
TexAu provides verified investor and funding data for companies like XpressBees. Explore insights on logistics tech, supply chain platforms, and high growth e-commerce enablers shaping India’s delivery ecosystem.
Sign up for Free to access real time investor and funding intelligence.