Alibaba-backed XpressBees raises Rs 35 crore from InnoVen Capital
Pune-based logistics company XpressBees has raised Rs 35 crore from venture debt capital firm InnoVen Capital. This comes after Chinese conglomerate Alibaba invested over Rs 225 crore in XpressBees last year.
- Pune-based logistics company XpressBees has raised Rs 35 crore from venture debt capital firm InnoVen Capital.
- This comes after Chinese conglomerate Alibaba invested over Rs 225 crore in XpressBees last year.
- XpressBees was founded by Amitava Saha, Co-founder of FirstCry, and Supam Maheshwari in 2012.
- Till date, the company has raised close to $56 million in equity.