Investcorp invests in India’s XpressBees
- Date: 23-Nov-2020
- Source: Emirates Business
- Sector:Financial Markets
- Country:Bahrain
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
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