Investcorp Invests In Indian Logistics Startup Xpressbees

    0
    3

    Investcorp Invests In Indian Logistics Startup Xpressbees

    Investcorp Invests In Indian Logistics Startup Xpressbees

    Bahrain’s Investcorp said on Sunday it has actually made a financial investment in Xpressbees, an Indian logistics start-up, as part of a consortium of local and global investors.

    • Reuters
    • Last Upgraded: November 22, 2020, 11: 36 IST
    • FOLLOW US ON:

    DUBAI: Bahrain’s Investcorp said on Sunday it has made a financial investment in Xpressbees, an Indian logistics start-up, as part of a consortium of local and international investors.

    Xpressbees has an existence in more than 2,000 towns and cities in India, with more than 1,000 clients throughout industries including e-commerce, pharmaceutical, customer products, retail, manufacturing, electronics and consumer durables.

    Investcorp did not disclose the size of its financial investment, however stated it was part of a Series E round– a late phase funding round to scale up an organization.

    Indian paper reports have actually reported that Xpressbees raised $110 million in its most current financing round.

    Disclaimer: This post has actually been auto-published from a company feed with no adjustments to the text and has not been evaluated by an editor

    CLICK HERE TO FIND OUT MORE

    ( the headline, this story has not been published by Essential India News personnel and is released from a syndicated feed.).

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here