Xpressbees
Xpressbees (legal entity: Busybees Logistics Solutions Pvt. Ltd.) is a logistics company, not an AI-first company. It runs B2C express parcel, B2B express, cross-border, 3PL/warehousing and returns/COD services for e-commerce and D2C sellers, and it acquired Trackon Couriers. It became a unicorn in Feb 2022 after a $300M Series F ($100M primary) from Blackstone, TPG and ChrysCapital. It then raised an $80M Series G in Nov 2023, led by Ontario Teachers', at about a $1.44B valuation. In FY25 it reported about ₹2,874 Cr in operating revenue (≈₹2,961 Cr total) and a net loss of about ₹370 Cr.
Funding
Every round, secondary, debt facility or acquisition involving Xpressbees that Lounge tracks, newest first.
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