Global News and Digital Insights
for the Consumer Goods Industry

Indian B2B logistic service provider, Xpressbees, raised its worth to $1.2B

Picture of ConsumerGeniuses

ConsumerGeniuses

India’s fastest growing B2B, B2C, and 3PL logistic service provider, Xpressbees, raised $300M in its series F funding round, raising the company’s worth to $1.2B. Firms including Blackstone, ChrysCapital, and TPG Capital participated in the investment series, while Delhivery, DTDC, Ecom Express, and Ekart Logistics are gearing up to compete with Xpressbees in the marketplace. The e-commerce delivery company collects, stores and then delivers the goods through its 3000 offices and numerous service centres spread across India. By processing and managing over 3M packages per day, the company enjoys 100% revenue growth per annum. Xpressbees serves over 1000 clients, including Xiaomi, Snapdeal, Paytm, and Meesho.

Read more from Cbinsights

Facebook
Twitter
LinkedIn

ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
All Posts
consumer-geniuses

ConsumerGeniuses

Curated News and Digital
Insights for the Consumer Goods Industry

IndustryGeniuses
MetaGeniuses
GroceryGeniuses
HealthGeniuses
FashionGeniuses

ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

IndustryGeniuses team brings practical domain knowledge of working with 300+ tech startups and brands over the past decade.

© 2024 IndustryGeniuses Ltd. All Rights Reserved.