About XpressBees
XpressBees is a company based in Pune (India) founded in 2015 by Supam Maheshwari and Amitava Saha. XpressBees has raised $320.63 million across 8 funding rounds from investors including Paytm, Alibaba Group and Blackstone. The company has 3,498 employees as of December 19, 2024. XpressBees has completed 1 acquisition, including TrackOn. XpressBees operates in a competitive market with competitors including Delhivery, Shadowfax, Holisol, Parcellab and Prozo, among others.
- Headquarter Pune, India
- Employees 3498 as on 19 Dec, 2024
- Founders Supam Maheshwari, Amitava Saha
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Busybees Logistics Solutions Private Limited
- Date of Incorporation 13 Aug, 2015
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$313.14 M (USD)34.94as on Mar 31, 2023
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Net Profit
-$21.69 M (USD)-564.94as on Mar 31, 2023
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EBITDA
-$14.12 M (USD)-719.2as on Mar 31, 2023
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Total Equity Funding
$320.63 M (USD)
in 8 rounds
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Latest Funding Round
$80 M (USD), Series G
Nov 07, 2023
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Investors
Paytm
& 22 more
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Employee Count
3498
as on Dec 19, 2024
- Investments & Acquisitions
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People of XpressBees
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Software Development Team
36 people
Leadership Team
26 people
Operations Team
18 people
Finance and Accounting
7 people
Product Management Team
6 people
Human Resources and Administration
4 people
Senior Team
3 people
Warehouse Team
2 people
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Funding Insights of XpressBees
XpressBees has successfully raised a total of $320.63M 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.
Investors in XpressBees
XpressBees has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Paytm, Alibaba Group and Blackstone.
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Diversified investment management is provided across multiple asset classes.
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Fund of funds focused on pre-seed and seed-stage companies
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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Investor details for XpressBees
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Investments & Acquisitions by XpressBees
XpressBees has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TrackOn.
Investment portfolio details for XpressBees
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Courier and delivery services are provided by TrackOn in India.
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Complete acquisition details for XpressBees
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Financial Statements - XpressBees
Detailed financials for XpressBees
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Xpressbees Comparisons
Peer comparison for XpressBees
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Competitors of XpressBees
XpressBees operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Delhivery, Shadowfax, Holisol, Parcellab and Prozo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Integrated logistics services including parcel delivery and warehousing are provided.
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Express delivery logistics solutions are provided for businesses and individuals.
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End-to-end supply chain, fulfilment, and IT solutions are provided.
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Connects online merchants with their customers
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Online platform offering wholesale and business-focused e-commerce solutions
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Detailed competitors of XpressBees
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Latest news on 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 current CEO of XpressBees. They have also founded this company.
XpressBees is a funded company, having raised a total of $320.63M across 8 funding rounds to date.
As of Dec 19, 2024, the latest employee count at XpressBees is 3,498.
Annual revenue of XpressBees is $313.14M as on Mar 31, 2023.
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 23 investors. Key investors include Paytm, Alibaba Group, Blackstone, TPG, and Gaja Capital.
The valuation of XpressBees is $1.47B as of Nov 2023.