XpressBees set to raise $10 mn in Series D round

XpressBees, an end-to-end supply chain solutions, seeks to raise $10 million in its Series D round from its existing investor, Alibaba. The company was founded by Supam Maheshwari and Amitava Saha in 2015.

Earlier, XpressBees had raised $157.6 million in six funding rounds.

The company will utilize these funds for growth and expansion of its business.

XpressBees provides flexible and comprehensive Last-Mile Delivery, Reverse Logistics, Payment Collection, Drop Shipping, Vendor Management, Cross Border Services, Fulfillment Services and tailored Software Solutions to our clients. They deliver 4,00,000+ shipments every day and to more than 20,000 pin-codes with 53 hubs and more than 1400 Network Cities.

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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