About XpressBees
XpressBees is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2015 by Supam Maheshwari and Amitava Saha. End-to-end logistics delivery and courier solutions are provided. It operates in the Transportation, Automotive & Logistics and Retail sectors. XpressBees has raised $355.69 million across 8 funding rounds from investors including Paytm, Alibaba Group and Avendus. The company has 8,701 employees. XpressBees has completed 1 acquisition, including TrackOn. XpressBees was last valued at $1.44 billion in November 2023. Its chief executive, as recorded, is Amitava Saha. Its website xpressbees.com draws about 4.9 million monthly visits. Its Indian entity Busybees Logistics Solutions Private Limited reported revenue of ₹2,961 Cr. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and End to End Delivery Services. Its competitors include Delhivery, Shadowfax and Holisol; 3 of its 3 listed competitors have raised funding.
Company details
XpressBees was founded in 2015 in Pune, India, within the logistics sector. End-to-end domestic supply chain solutions and international logistics services are offered to e-commerce businesses, individuals, and various clients. Technology-enabled platforms facilitate real-time shipment tracking, on-time deliveries, cargo handling, cross-border transactions, imports, exports, warehousing, inventory management, order fulfillment, and returns processing. Integration with online marketplaces supports stock and order oversight for small businesses to large enterprises.
- Headquarters Pune, India
- Employees 8,701
- Founders Supam Maheshwari, Amitava Saha
- Stage Unicorn
- SectorsTransportation, Automotive & LogisticsRetail
- Email••••••••
- Phone•••• ••••
- Website xpressbees.com
- Social LinkedIn X Facebook
- Legal Name Busybees Logistics Solutions Private Limited
- Date of Incorporation 13 Aug, 2015
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of XpressBees
XpressBees operates through Busybees Logistics Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Busybees Logistics Solutions Private Limited CIN U74999PN2015PTC156176 | Active | 13 Aug 2015 | Pune, Maharashtra | ₹2,961 Cr | 3,498 | 11 | View details |
Funding Insights of XpressBees
XpressBees has successfully raised a total of $355.69M across 8 strategic funding rounds. The most recent funding activity was a Series G round of $80 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $355.69M
- Total Rounds 8
- Last Round Series G — $80M
- First Round $12.5M
(Nov 2015)
- Investors Count 31
All 8 funding rounds of XpressBees with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $80M | Series G | $1.47B | Ontario Teachers' Pension Plan | |
| Feb 2022 | $100M | Series F | $1.11B | Blackstone, TPG | |
| Nov 2020 | $110M | Series E | $••••• | Norwest Venture Partners | |
| Dec 2019 | $10.07M | Series D | $••••• | Alibaba Group | – |
| Feb 2019 | $4.9M | Debt – Venture | – | – | |
| Feb 2017 | $8.07M | Series B | $••••• | Chiratae Ventures, Elevation Capital | |
| Jun 2016 | Debt – Venture | – | – | ||
| Nov 2015 | $12.5M | Series A | $••••• | Elevation Capital |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2023 | $1.47B | •••••••• |
| Feb 2022 | $1.11B | •••••••• |
| Nov 2020 | $••••• | •••••••• |
| Dec 2019 | $••••• | •••••••• |
| Feb 2017 | $••••• | •••••••• |
| Nov 2015 | $••••• | •••••••• |
Full valuation and stage history of XpressBees
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $1.44B (Nov 2023). 31 investors in total: 27 institutional and 4 angel.
Investors in XpressBees
XpressBees has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Paytm, Alibaba Group and Avendus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Investment firm focusing on private equity in sectors like financial services and healthcare. | 1999 | chryscapital.com | Port Louis, Mauritius | |
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India | ||
Private equity, real estate, and credit investments are managed globally. | investcorp.com | New York, United States | ||
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Investment firm partnering with entrepreneurs in India's domestic economy. | 2004 | gajacapital.com | Mumbai, India | |
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Multiple sectors are invested in by this private equity firm. | Delhi, India | |||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India |
Investor details for XpressBees
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Busybees Logistics Solutions Private Limited (XpressBees)
Busybees Logistics Solutions Private Limited is the primary company behind XpressBees. The board of Busybees Logistics Solutions Private Limited currently have 8 directors; the longest-serving is Supam Satyanarayan Maheshwari, appointed in 2015. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Supam Satyanarayan Maheshwari DIN 01730685 | Director | 13 Aug 2015 | 11 yrs 2 mo | Busybees Logistics Solutions Private Limited |
| Gopal Jain DIN 00032308 | Director | 09 Nov 2020 | 5 yrs 11 mo | Busybees Logistics Solutions Private Limited |
| Varun Laul DIN 03489931 | Director | 09 Nov 2020 | 5 yrs 11 mo | Busybees Logistics Solutions Private Limited |
| Jayant Goel DIN 01925642 | Nominee Director | 09 Nov 2020 | 5 yrs 11 mo | Busybees Logistics Solutions Private Limited |
| Simit Batra DIN 09739615 | Director | 31 May 2023 | 3 yrs 5 mo | Busybees Logistics Solutions Private Limited |
| Aravind Krishnan Sreekumar DIN 09045724 | Director | 21 Jun 2023 | 3 yrs 4 mo | Busybees Logistics Solutions Private Limited |
| Amitava Saha DIN 02655827 | CEO | 07 Jul 2023 | 3 yrs 4 mo | Busybees Logistics Solutions Private Limited |
| Darius Dhunjishaw Vakil DIN 07483613 | Director | 08 Nov 2023 | 2 yrs 11 mo | Busybees Logistics Solutions Private Limited |
People of XpressBees
121 people are tracked at XpressBees (31 in leadership, 90 in team); the tracked headcount is 8,701.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Co-CEO | Leadership | |
Yogesh Dhavade | Co-CEO | Leadership |
Rajasekhar Khandrika | VP, Engineering | Leadership |
Soma Sudarshan Chandraiah | VP, Process & Products | Leadership |
Santosh Abbimane | Chief Financial Officer | Leadership |
Rahul Agrawal | Chief Operating Officer | Leadership |
Partho Banerjee | Director - North And West Operations | Leadership |
Amit Sharma | Vice President Operations Supply Chain & Logistics | Leadership |
Raman Nagyal | Head Of Product | Leadership |
Shivendra Bikram Singh | Director Loss Prevention | Leadership |
Suman Kumar Gupta | Senior Director & Head Reverse Logistics | Leadership |
Ashish Agrawal | Associate Director - Process Excellence | Leadership |
Amit Chhari | Vice President Operations | Leadership |
Chandan Agrawal | Director Of Finance | Leadership |
Ashish Thakare | Associate Director Engineering At Xpressbees (busybees Logistics Solutions Pvt. Ltd.) | Leadership |
Baswaraj Malage | Director Of Engineering | Leadership |
Akash Kanabargi | Senior Director - Supply Chain Design | Leadership |
Shridhar Shetty | Director Of Operations | Leadership |
Dibya Jyoti Konwar | Delivery Partner | Leadership |
101 more people are available in the full profile.
Complete people profiles for XpressBees
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of XpressBees
Figures of Busybees Logistics Solutions Private Limited, the primary company behind XpressBees, for FY 2025. Revenue was ₹2,961 Cr (+1% year on year). Net loss was -₹370 Cr (-12% margin). EBITDA was -₹144 Cr (-5% margin). Revenue has grown at a compounded annual rate of +15% over three years and +31% over five years.
- ₹2,961 CrRevenue · FY 2025 · +1% YoY
- -₹370 CrNet loss · -12% margin
- -₹144 CrEBITDA · -5% margin
- ₹6.8 LakhPaid-up capital
- 3,498Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Busybees Logistics Solutions Private Limited are on its company page.
Detailed financial statements for XpressBees
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by XpressBees
XpressBees has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TrackOn.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Courier and delivery services are provided by TrackOn in India. | trackon.in | Delhi, India | 2002 | Aug 2023 | •••• |
Complete acquisition details for XpressBees
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of XpressBees
6 dated milestones of XpressBees across 8 years, from founding to its latest funding, stage changes and deals.
- Founded XpressBees is founded.
- Funding First funding round of $12.5M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires TrackOn.
- Funding Latest funding round, Series G, of $80.0M.
Competitors of XpressBees
XpressBees has 3 listed competitors in our database, 3 of them funded. They include Delhivery, Shadowfax and Holisol.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| delhivery.com | 2011 | Gurugram, India | $1.25B | 24,439 | Integrated logistics services including parcel delivery and warehousing are provided. | |
| shadowfax.in | 2015 | Bengaluru, India | $246.8M | 3,562 | Express delivery logistics solutions are provided for businesses and individuals. | |
| holisollogistics.com | 2009 | Delhi, India | $12.72M | 2,447 | End-to-end supply chain, fulfilment, and IT solutions are provided. |
Detailed competitors of XpressBees
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Web traffic of XpressBees
The website of XpressBees (xpressbees.com) receives about 4.9M visits a month.
- Monthly visits4.9M
▼ 2.7% vs previous month
Websites whose visitors overlap most with XpressBees. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| delhivery.com | 100% | 24.1M | #1,866 | View details | |
| shadowfax.in | 96% | 7.7M | #5,069 | View details | |
| shiprocket.co | 85% | View details | |||
ekartlogistics.com | ekartlogistics.com | 78% | #9,357 | – | |
| indiamart.com | 62% | 54.4M | #659 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for XpressBees
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as XpressBees (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Xpressbees
Complete news archive for XpressBees
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Frequently Asked Questions about XpressBees
XpressBees was founded in 2015.
XpressBees is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Amitava Saha is the CEO of XpressBees, as recorded in our data. They have also founded this company.
XpressBees is a funded company, having raised a total of $355.69M across 8 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Nov 2015.
XpressBees has 8,701 employees.
The primary company behind XpressBees, Busybees Logistics Solutions Private Limited, reported revenue of ₹2,961 Cr for FY 2025, up 1% year on year.
XpressBees was founded in 2015 in Pune, India, within the logistics sector. End-to-end domestic supply chain solutions and international logistics services are offered to e-commerce businesses, individuals, and various clients. Technology-enabled platforms facilitate real-time shipment tracking, on-time deliveries, cargo handling, cross-border transactions, imports, exports, warehousing, inventory management, order fulfillment, and returns processing. Integration with online marketplaces supports stock and order oversight for small businesses to large enterprises.
XpressBees has made 1 acquisition, including TrackOn.
XpressBees has 31 investors. Key investors include Paytm, Alibaba Group, Avendus, SoftBank Group, and Blackstone.
The valuation of XpressBees is $1.44B as of Nov 2023.
XpressBees operates through Busybees Logistics Solutions Private Limited.