Investcorp invests in India’s XpressBees

Investcorp invests in India’s XpressBees

Admin 12 hours ago News

MANAMA / WAM

Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, has announced its investment in Xpressbees, a leading end-to-end e-commerce logistics platform in India. The investment was made as part of a Series E funding with participation from a consortium of local and global investors. Founded in 2015 by serial entrepreneurs Amitava Saha and Supam Maheshwari, Xpressbees is amongst the market leaders in e-commerce logistics in India and offers services including first and last-mile delivery, reverse logistics, real-time tracking, and multiple payment collection and processing options.

2020-11-23

Check Also



Oil rises on Covid vaccine progress, Asian demand

Bloomberg Oil rose on expectations that further progress in vaccines against the coronavirus will revive ...